Twitter | Search | |
ZeroHedge
AirBnB is about to crash the US housing market. Thousands of super-hosts who bought 10, 20, 30 properties with mortgages and are heavily levered...are all about to default. Without travel there is no rental income to pay these mortgages. In 2-3 months - 2008 all over again Boom
Reply Retweet Like More
RuminationTrader May 6
Replying to @govttrader
New trader whose putting together a REIT portfolio. Like $50 a company 💪🏼... Question to anyone. With interest rates so low, would cash be the biggest indicator of potential?
Reply Retweet Like
ZeroHedge May 6
Replying to @oceanrumination
just buy NLY
Reply Retweet Like
Ralph F. Mar 30
Replying to @govttrader
I agree with this 100%. Watching touristy places where AIRBNBERS are highly levered into multiple properties. Many of these cities have banned short term rentals till JUNE! They are going to be crushed!
Reply Retweet Like
Fairbnb Canada Mar 30
Curious which cities have banned Airbnb?
Reply Retweet Like
AGTrader Mar 30
Replying to @govttrader
i know many with downtown Chicago condos overlooking the lake. AirBnB'd out to high end business travelers. $700-$1000 HOA fees on top of ridiculous property taxes. so even if they do a mtg deferment.... these people are still screwed.
Reply Retweet Like
Allen Mar 30
Replying to @ag_trader @govttrader
Deferment of debt vs actual lost revenue
Reply Retweet Like
Kevin Mar 30
Replying to @govttrader
Do you have any source numbers? This is very interesting.
Reply Retweet Like
otters Mar 30
Replying to @Lever__Up @govttrader
It really is interesting, but seems impossible that more than a few people would do this. I mean, trusting your future to an app is insane. AirBnB is literally just an app that any 14 year old could duplicate.
Reply Retweet Like
🇺🇸FrontPaigeMuse🇺🇸⭐️⭐️⭐️ Mar 30
Count my parents in those casualties as they put everything into several cottage rentals for their modest retirement. They were just starting to make a modest profit after years of investing, then boom 👎👎. They’re old, it’s not like they have time to wait this out 😱
Reply Retweet Like
Jason Rouslin Mar 31
That’s why they shouldn’t do that 🤷‍♂️🤷‍♂️🤷‍♂️🤷‍♂️
Reply Retweet Like