Airbnbusted

Gleefully watching the Airbnbust in real time. Join the conversation at

[Doomberg @DoombergT]

Take 4 minutes and watch this

[Michael Kao @UrbanKaoboy]

An inconvenient truth…

Fed Pivot -> Fed Divot

[Airbnbusted @airbnbusted]

@rcwhalen @federalreserve @CNBCClosingBell This is still Fed put behavior if you lower FF on the first sign of issues

[Amy Nixon @texasrunnerDFW]

Has the world collectively fallen out of love with #Airbnb?

“…the market in short term rentals appears to be slowing”

“According to AirDNA, occupancy rates fell in 31 of the top 50 largest US short-term rental markets in the second half of last year” https://t.co/DNGKEDviQX

[Airbnbusted @airbnbusted]

@Airbnb Numbers coming in bad enough to try to stir up business on twitter I see?

[Airbnbusted @airbnbusted]

@JackFarley96 @rcwhalen Always love to hear from @rcwhalen ! Always some of the most informative and technical talks on the channel

[Darth Powell @VladTheInflator]

@ValuablOfficial

[Airbnbusted @airbnbusted]

@ewarren Because of the low rates which you incompetently begged Powell to reinstate on live TV

[Airbnbusted @airbnbusted]

@texasrunnerDFW @pdacosta I think it is, if for no other reason than at our current debt levels, if we set rates at Taylor, we'd be way above what the economy can tolerate. It's suggesting ~8+ right now if I recall correctly?

It's completely off narrative

[EncoreBubble @encorebubble]

Juicy - Airbnb is sending out notifications to San Diego hosts to update listings with their license #.

"If you don't update ... by May 1, 2023, your listing will no longer be able to host short-term stays."

Is airbnb going to de-list unlicensed strs?

https://t.co/kgVwl5poa0

[Jessica Sheedy Black @jjsheedy]

Unsupervised STRs rented to unvetted guests undermine the safety of surrounding neighbors. @GatesforTexas @DrewSpringer @KHancock4TX @RepJMLozano #HB2665, #SB1461, #HB2367 & #SB1466 are all bad public policy that endanger public safety. #CommunityNotCommodity #TXLege

[Airbnbusted @airbnbusted]

@texasrunnerDFW @IDKFA3 Yes! It is sad that this caused me to have to see his face though.

[Airbnbusted @airbnbusted]

@nickgerli1 Get ready for an army of agents to explain why this is actually a smart investment. Guarantee you 90% of them don't know the significance of the "risk free rate"

[Nick Gerli @nickgerli1]

4) Because the 1-Yr Treasury now yields more than the Cap Rate for Rental Properties in America.

Meaning: it is more profitable to buy a risk-free government bond than buy a house and rent it out. 😬

No wonder Real Estate Investor purchases crashed 46% in Q4 2022.

[Metro Vancouver Housing Collapse @BcarmB]

Million-dollar loss: Auckland house in Papatoetoe bought for $2.3m sells for $1.3m a year later, via @nzherald https://t.co/klaD7mbibr

[Airbnbusted @airbnbusted]

@jessefelder @SoberLook lnteresting that this doesn't really support that narrative I keep hearing which is that ESG is the biggest reason no on is willing to invest in O&G capex

[Carl Quintanilla @carlquintanilla]

“.. You’ll notice .. the last time it was this high was in May 2008, just a few months before the deepest recession in 80 years.”

- Deutsche #softlanding

[Airbnbusted @airbnbusted]

@JeffWeniger TIAOA : there is an obvious alternative

[Kantro @MichaelKantro]

Took about 10 minutes on google to find soft landing articles before every recession. Human behavior doesn’t change. Fear, greed and “what ifs.” #HOPE #macro

[Amy Nixon @texasrunnerDFW]

In case you were wondering if we’re still in a bubble…