Airbnb Banned by 2028: Could It Actually Help Homebuyers Here?

#Business
"Airbnb bans escalate, a “tsunami” could be coming for this real estate niche, and “sinking” cities lead to skyrocketing insurance prices. The housing market changes every week, so we’re here to break down the headlines and sift through the hype so you know what could impact YOU. Dave Meyer and the entire ""On the Market"" panel are here to discuss four of the top real estate-related news stories from this week.
First, we discuss the commercial real estate credit crunch that could cause a “tsunami” in the office investing space. Next, one major European city will ban Airbnb by 2028 in an effort to give locals a better chance at buying their first home. Will it work, or is it just a move to get more votes? With the dust of the NAR settlement settling, homebuyers could face thousands in fees to work with an agent, but will this stop homebuying?
Before we go over our last headline, make sure you’re standing on solid ground because “sinking” cities are becoming the new norm. Is your home slowly sliding off a cliff? If so, your insurance costs could be rising even higher. We’ll get into this story and the rest of the relevant real estate news on this episode!
00:00 Intro
01:47 A “Tsunami” Coming?
12:31 The Airbnb Bans Begin
21:06 New Fees for Homebuyers?
27:53 Cities Are Sinking"
