Impact of Money Availability on Short-Term Rental Supply #shorts #airbnbpodcast #realestate

If money is more available, then more people can buy rentals, including short term rentals. Of course, we saw this after Covid and the trillions of dollars that got pumped into the economy. It seemed like everyone had money, right? It was literally falling from trees. People were didn't know what to spend it on. The stock market went up. You know, all these bubbles were created and a lot of people bought short term rentals because they could. Now we're in a slightly different situation, right? Interest rates are much higher. The amount people are saving is going and down as inflation has eroded a lot of our spending power. But the reality here is that if interest rates go back down and banks are willing to loan, then that means that more people could potentially be buying short term rentals in your area, increasing the supplies.