Airbnb IS CRASHING - Sellers Are Getting DESPERATE

#finance
#financement

Starting an Airbnb business, especially during the pandemic was touted as a way to get rich quick. fast-forward a few years later and a lot of these people who bought these short-term rental properties are now losing money as the rental rates and the demand are no longer keeping up with the rising cost of paying the mortgage and maintaining the home. The result? Thousands of Airbnb listing sitting on the market going unsold.

0:00 The AirBnb Firesale is here
4:42 Finally met the leaf blower guy!
6:21 These properties are not selling...
10:45 Opportunity is coming
11:32 How well are the properties for sale being maintained?
14:29 More appraisals coming in lower than contract price