If it makes you feel any better, we are selling the house that we just bought last fall - the one I painstakingly attempted to justify - done with "real" estate (aka permanent taxes and fees) for the moment, going back to op ex lifestyle.
That's interesting, that's one of the top reasons why I think the real estate market is going to collapse as well. I didn't really think about it being related to the Covid money or any of that stuff, but I know that the number of Airbnb rentals has skyrocketed, and the number of people in that shit has gone way up, and now that we are experiencing a downturn and people are spending less, everybody who owns five or six Airbnb rentals is going to have to sell one or two of them to keep afloat, and that's going to tank the market.
Thanks for the link. I'm gonna listen to it this afternoon.
If it makes you feel any better, we are selling the house that we just bought last fall - the one I painstakingly attempted to justify - done with "real" estate (aka permanent taxes and fees) for the moment, going back to op ex lifestyle.
That's interesting, that's one of the top reasons why I think the real estate market is going to collapse as well. I didn't really think about it being related to the Covid money or any of that stuff, but I know that the number of Airbnb rentals has skyrocketed, and the number of people in that shit has gone way up, and now that we are experiencing a downturn and people are spending less, everybody who owns five or six Airbnb rentals is going to have to sell one or two of them to keep afloat, and that's going to tank the market.
Thanks for the link. I'm gonna listen to it this afternoon.