A short YouTube video (April 27, 2023) by Mark Simpson arguing that labeling an entire asset class—short-term rentals—as "saturated" is misleading. The speaker emphasizes real estate is market-specific, gives an anecdote about a new client, and challenges blanket statements that a market or asset class cannot be universally oversaturated.
A lot of people say the short term rental market is saturated, period. But that's an entire asset class in every single market cannot possibly be oversaturated. That's like saying the multifamily market is saturated and nobody's ever going to make money on an apartment building ever again. It's ridiculous. Real estate is market specific and there are some markets that can be. But I think the mistake that a lot of people make is they look at a market and they actually had a new client who did this the other day.
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