Codie SanchezFounder @ Contrarian Thinking

Airbnb Vs Long Term Rentals #shorts

3 Aug 2023 · 1 min

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0:42

Codie Sanchez prefers long-term rentals over Airbnb right now. Airbnb booking lead times have stretched from 12 days to 30 days as vacation demand drops. With the U.S. short 6.5 million homes and renting cheaper than buying in 81% of the country, long-term tenants also mean fewer 3 a.m. maintenance calls.

Questions this video answers

About 12 days.

About 30 days.

6.5 million homes.

81% of the country.

Chapters

Airbnb versus long term rental, which was better? I'm saying Airbnb one. Airbnb's lead time, the amount of time between somebody booking and somebody coming to stay, used to be 12 days. Now it's 30 days. Lots more uncertainty. Second reason is looks like we're going into a recession or we're already in it. That means vacations are not going to be the big driver like they were right after. Covid. The reason I like long term rentals one we have a housing crisis in the US right now. 6.5 million homes. We are short by rentals. Solve this. Second reason it's cheaper now in the US in 81% of the country to rent than it is to buy. And the third reason is my long term renters. They don't call me in the middle of the night when something happens in their home.