Airbnb just quietly changed the rules and the impacts are huge

Airbnb just quietly changed the rules and the impacts are huge

Starting Sept 8th, Airbnb has radically altered the payment terms for all hosts. What was in the little change with huge impacts?  How does this impact every property owner?  Will it still be profitable for owners to use Airbnb?  What are the three changes and what...
NY nightly rentals plummet 90%, rents skyrocket

NY nightly rentals plummet 90%, rents skyrocket

  In every nightly rental discussion throughout the country, there is this theory that nightly rentals are increasing rents and pricing out locals.  How true is this statement?  What happened in NY when nightly rental were severely restricted?  What has happened in...
Airbnb down 40% impact on real estate

Airbnb down 40% impact on real estate

    After peaking around 215 dollars, Airbnb stock has taken a tumble of almost 40%.  At the same time occupancy of nightly rentals has plummeted from its peak while available listings continue to grow.  What does this mean for real estate prices?  The two...
What city is now banning Airbnb? Do nightly rentals drive up rents?

What city is now banning Airbnb? Do nightly rentals drive up rents?

Over the years there have been a lot of theories that nightly rentals are increasing long term rents of full-time residents. Recently NY analyzed nightly rentals in various boroughs to calculate the increase in lease rates. This is the first real study I have seen on...
Nightly rental market following in footsteps of Colorado Pot market

Nightly rental market following in footsteps of Colorado Pot market

Data from AirDNA, a short-term rental analytics firm, show as of October 2022, the number of future nights booked—a real-time indicator of the health of the short-term rental industry—was up 15.8% year-over-year.  At the same time, anyone in the short-term rental...
What happens to nightly rentals as real estate market turns

What happens to nightly rentals as real estate market turns

We are in a new paradigm for real estate.  With talks of a recession getting louder, what does this mean for real estate.  In 2008/9 real estate was radically different than today.  Companies like VRBO and Airbnb were not even around.  How will the next recession be...