Shocking Airbnb Crash: Dumb Money Exposed! You Won't Believe What Happened.

The Dumb Money and First EVER Airbnb Crash! We all saw this Coming. The Airbnb crash is here and it's starting with Airbnb announcing that they expect average daily rates to decline. Why? Because many places are seeing saturation in the Airbnb market. Places like Mexico, US, and Canada. They are also anticipating a decline in travel demand of 10%. They are blaming the boom in travel on last year's pandemic travel demand however people really didn't travel in the winter of 2022 due to all the restrictions. Now the economy is heading into recession and the first-ever Airbnb crash is happening. STRs. STR. Short term rentals. Airbnb You won't hear this on mainstream news outlets like City News, CTV News, CBC News, and Global News. You won't hear real estate agents or mortgage brokers making these comparisons either. Please sign up for my FREE email list below 👇 https://forms.gle/W65GbBYCHyvmkcff9 Help support the channel 👉 https://www.patreon.com/marketmania Get $1000 of IBKR stock (my broker) 👉 https://ibkr.com/referral/luke983 Referral link to my currency broker Wise 👉 https://wise.com/invite/u/lukes810 🔴 FREE Spotify podcast - https://open.spotify.com/show/6J3mqWUzL2oBhqIVbb1zr7?si=6BWAegqhTUujyV4fqB07cQ Instagram 👉 https://www.instagram.com/marketmaniaca/ Twitter 👉 https://twitter.com/MarketManiaCa TikTok 👉 https://www.tiktok.com/@marketmaniacanada?lang=en Sources https://www.airdna.co/vacation-rental-data/app/ca/alberta/edmonton/overview https://www.proactiveinvestors.com/companies/news/1014543/airbnb-1q-profit-tops-expectations-but-shares-tumble-on-guidance-1014543.html https://ca.finance.yahoo.com/quote/ABNB?p=ABNB&.tsrc=fin-srch #Airbnb #Economy #RealEstate 0:00 - Nightmare 0:20 - Airbnb guidance 1:20 - Pent up travel demand 2:10 - Recession and travel 3:00 - Dumb investors 3:20 - AirDNA - Edmonton 3:40 - Recession in 2020 4:40 - Calgary and rental market 5:30 - Regulations on Airbnb 6:20 - Biggest Airbnb bubble in the world Tulum 7:30 - Canada bubble vs Japanese bubble 8:10 - Travel distorted 8:50 - Halifax Airbnb 9:20 - Airbnb vs hotel prices 10:20 - Montreal Airbnb 11:10 - Superhost crash 11:40 - Host meetups 12:10 - Potential investment opportunity Disclaimer: Some of the links in this description are affiliate links, which means if you make a purchase through them, I may earn a small commission at no extra cost to you. This helps support the channel and allows me to continue creating content. Thank you for your support!