Homes for Sale vs Airbnbs in Austin Texas

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Hummm, this might be an issue. Just how many people are making a profit on their airbnb to pay the mortgage? I’ve never actually stayed at an airbnb. But the number of hotel rooms and airbnb rooms, seems like we have more supply than demand?

There are 3,329 homes for sale in Austin

There are 12,127 Airbnbs in Austin

🚨 DO YOU GET IT YET?🚨 pic.twitter.com/rFheD9se4U

— Amy Nixon (@texasrunnerDFW) August 19, 2023

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See also New housing inventory hits highest since 2008, but demand is for existing homes. Buyers lack funds to qualify. Homeowners skip meals to pay mortgages!

Hey honey, wanna go on vacation where it’s 108 degrees and there’s no ocean?

— Amy Nixon (@texasrunnerDFW) August 19, 2023

h/t John Dutton

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