Independent thinking for complex markets and current events
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 …
Tell me what YOU think of this interview I did on Sky News this morning… They tried to paint me into a corner with loaded questions…BUT they were not prepared for THIS… Can you count how many times the "News" Anchor squirms in his chair? pic.twitter.com/oWc2aVooag — Jake Angeli-Chansley (@AmericaShaman) August 2, 2023 h/t CmdrKeen
Rents are dropping. 📉 Hardest-hit cities include Austin, Las Vegas, and Phoenix, where rental rates are down -6% over the last year. Meanwhile – taxes, insurance, and interest costs are up significantly. Cocktail that could mean forced selling in H2 2023. pic.twitter.com/nKiLmPRW0V — Nick Gerli (@nickgerli1) July 4, 2023 “Landlords who purchased in the last …
The Airbnb collapse is real. Revenues are down nearly 50% in cities like Phoenix and Austin. Watch out for a wave of forced selling from Airbnb owners later this year in the areas hit hardest by the revenue collapse. 1) What's scary for the US Housing Market is just how many Airbnbs there are. Data …
via kvue: AUSTIN, Texas — Neighbors at a southeast Austin apartment complex are complaining after a mandatory curfew was put in place with very little explanation. Residents of the Array Apartments said they were not notified of any issues. Now they’re wondering if the move is even legal. The curfew lasts from 10 p.m. until 5 a.m. …
Among the nation's 400 largest housing markets, 226 just hit (or re hit) their all-time high for home price in April 2023. Among the other 174 markets, 38% are down by 5.00% or more. Austin (-10.02%) is down the most. https://t.co/Idv6ltSIvk — Lance Lambert (@NewsLambert) June 3, 2023 While zealous lenders across the nation were …