Can Airbnb Outperform a Potential Recession? | WSJ The Economics Of

Airbnb was formed during the 2008 financial crisis and evolved during the Covid-19 pandemic. WSJ’s Preetika Rana and Airbnb CEO Brian Chesky share insight into the home-sharing giant’s success and what the future might hold for the company.
Photo: Lucas Guilkey
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Пікірлер: 322

  • @nahnahson
    @nahnahson Жыл бұрын

    I dunno, Airbnb used to be cheaper than a hotel, but now that 80 a night rental with a 150 a night cleaning fee is getting out for hand

  • @Clarke1013

    @Clarke1013

    Жыл бұрын

    and when you say 'for' you mean 'of', right?

  • @naima8392

    @naima8392

    Жыл бұрын

    I agree. I am nit to keen on using Airbnb.

  • @novadhd

    @novadhd

    Жыл бұрын

    stay longer

  • @annayureva5066
    @annayureva5066 Жыл бұрын

    Will take a hotel any time! Everything is working or taken care of, no cleaning fees, no cleaning that you have to do yourself, no need to cook, breakfast and dinner always available, no hidden fees, reception 24/7 and staff always there to help you immmediately! And booking is done within couple of mins. I always had great experiences with AirBnb but it was just too much hassle and I ended up too tired from living in a home and not in a ”always ready for you” spotless cleaned splace without having to deal with the owner’s abode quirks.

  • @assizetech9059

    @assizetech9059

    Жыл бұрын

    don't forget that you can cancel if necessary too

  • @Taikun787
    @Taikun787 Жыл бұрын

    I used to be an Airbnb believer, but it just doesn’t make much sense anymore for most type of trips. It’s getting so expensive, it’s easier and often cheaper just to get a hotel.

  • @osseatorres274
    @osseatorres274 Жыл бұрын

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  • @chandrekane2084

    @chandrekane2084

    Жыл бұрын

    The use of experts are best strategy, i recomm.... you use one

  • @addisonivy201

    @addisonivy201

    Жыл бұрын

    Crypto is a good market to rise your finance at a steady growth, you need a proper understanding and good strategy

  • @osseatorres274

    @osseatorres274

    Жыл бұрын

    @Alice Teresa Okay. How do I reach her? I would really like inv esting with her and monitoring my trade

  • @williamjoseph2256

    @williamjoseph2256

    Жыл бұрын

    @Alice Teresa In spite of the fluctuation in crypto, I still thank you for the level-headed financial advice. I started crypto investment with $3,200 and since following you for few weeks now, I’ve gotten $16,500 in my portfolio Thanks so much Kristi Trevor

  • @osseatorres274

    @osseatorres274

    Жыл бұрын

    @Alice Teresa Okay Thanks, i will reach to her and try out

  • @bobby_digital9493
    @bobby_digital9493 Жыл бұрын

    Hosts got greedy, investment groups came in with their coup on the housing market and pushed out the family looking for their hard earned American picket fence docile. This video could have been summarized in a minute half.

  • @Nill757
    @Nill757 Жыл бұрын

    “Tiny Home”. Please. It’s a dressed up double wide trailer, an RV, a kids tree house w upscale marketing run by hipsters leveraging green anxiety.

  • @paulinbrooklyn

    @paulinbrooklyn

    Жыл бұрын

    Wow! You viewed and summarized well some KZread videos posted by tiny home owners who were somewhat jaded by their experiences. What is the plausible relevance of those objections to spendings night or a week in a tiny home that is well located and has decent reviews? Everything you write might be true yet an Airbnb rental of a tiny home might be a superior option to a hotel or motel room (especially travellers with young children) and might also be an excellent investment for a property owner too.

  • @Nill757

    @Nill757

    Жыл бұрын

    @@paulinbrooklyn Of course a trailer can be a good investment. Or not.

  • @TopGKev
    @TopGKev Жыл бұрын

    This company is gonna have to face some challenges, prices equivalent to a hotel and restrictions by hosts. I mean I feel like I can’t even relax because I’m breaking a rule. If price is equal I rather stay at hotel with security, employees around the clock and closer to main tourist areas in most cities.

  • @NicholasYg

    @NicholasYg

    Жыл бұрын

    Only true in North America, prices are cheaper than hotels in Europe and APAC.

  • @samelmudir

    @samelmudir

    Жыл бұрын

    Also, many hosts take forever to reply where it’s taken me a week just to book something and wait 24hrs for each request. With a hotel you have your booking right away.

  • @beetdiggingcougar

    @beetdiggingcougar

    Жыл бұрын

    Hidden cameras everywhere too and can't depend on them being clean. So happy to stay in hotels now.

  • @TitusAzzurro

    @TitusAzzurro

    Жыл бұрын

    @@beetdiggingcougar This should motivate people to lose weight. If you're gonna be spied on at least look fab ;)

  • @mycaddigo

    @mycaddigo

    Жыл бұрын

    Please stay at a hotel… And feel free to break their rules…

  • @linofernandez4457
    @linofernandez4457 Жыл бұрын

    I think it’s bad for local housing market, lot of investers moved in and capitalized on this and shot up housing prices while the local economy can barely afford any of this let alone the cost of goods nowadays… somethings got to give. Jmo

  • @emersonhoffmann2165
    @emersonhoffmann2165 Жыл бұрын

    *Awesome!!! your potential seems limitless.* Setting aside funds to invest is the best way to prepare for the unexpected. I've been doing this since 2016, and I’ve amazed *Good Returns.*

  • @emersonhoffmann2165

    @emersonhoffmann2165

    Жыл бұрын

    @Bernardo Gisela There are many sectors to engage in and as well get good returns on your capital. Personally, I engage in prolific investments such as:-Launchpad IDOS, Crypto, NFTs and operate with a Financial Consultant.

  • @emersonhoffmann2165

    @emersonhoffmann2165

    Жыл бұрын

    @Bernardo Gisela I work with a CFP *(Donald Nathan Scott).* Quickly do an internet research with his full names as mentioned where you can easily get in touch and as well write him.

  • @chloeambre2300

    @chloeambre2300

    Жыл бұрын

    KZread has been helpful to many in making financial decisions but it's not enough as most people don't understand just by watching tutorials. Its advisable to work with a Financial Consultant with high-level investment experience for positive results.

  • @theodorerossi7998

    @theodorerossi7998

    Жыл бұрын

    The journey to financial independence begins with a step, I realized this working with Donald Nathan Scott. I encountered and operated with him since 2016 and his thoroughness and professionalism has been best for my finances . Now have a passive income and live feels much better and easy. You can read many financial books and watch many investment videos, but it falls down to who you invest with to succeed.

  • @78anant420
    @78anant420 Жыл бұрын

    very well covered!

  • @cheaserceaser
    @cheaserceaser Жыл бұрын

    Potential recession? We are in a recession by textbook definition.

  • @erikarobinson3557

    @erikarobinson3557

    Жыл бұрын

    Right!

  • @alparslankorkmaz2964
    @alparslankorkmaz2964 Жыл бұрын

    Nicely explained.

  • @loranoodle
    @loranoodle Жыл бұрын

    Airbnbs hosts have raised their pricing to the point that hotels make more sense many times - which hotels are typically cleaner and nicer anyway. I’m not sure how one controls that but it’s off putting. Not to mention the fear a host will randomly cancel you.

  • @gp7910

    @gp7910

    Жыл бұрын

    I work on the hotel industry but am also an Airbnb owner . If you think hotels are cleaner you.wouls often be mistaken. Rugs hide dirt and pillows and blankets are not washed a lot

  • @c87kim
    @c87kim Жыл бұрын

    This earnings report came out yesterday. Did you even have time to do due diligence and then make a video on that time? This earnings seasons have had lots of hidden surprises.

  • @bobbyomari5500
    @bobbyomari5500 Жыл бұрын

    I had a horrible AirBnb experience where this host made duplicate keys for all the condos he owned in San Diego. Had a family open the door on us at night and it was the wildest thing ever. Never again…

  • @msjannd4

    @msjannd4

    Жыл бұрын

    🤯

  • @naima8392

    @naima8392

    Жыл бұрын

    Wow! Thx for sharing your experience.

  • @nordicexpat
    @nordicexpat Жыл бұрын

    Love airbnb

  • @worldpeacepp
    @worldpeacepp Жыл бұрын

    Inspired, Make me look around and think "can this be a good or service?

  • @cb11368
    @cb11368 Жыл бұрын

    Shame on Airbnb and on the hosts for charging so much, almost as much as hotels.

  • @anarchy1090

    @anarchy1090

    Жыл бұрын

    Bruh it’s a house it’s better than a hotel , more space how is that a shame?

  • @naima8392

    @naima8392

    Жыл бұрын

    I agree. We are not using Airbnb as much as we used to.

  • @SgtSam1
    @SgtSam1 Жыл бұрын

    “…incredibly lean company” is right. They’ve outsourced the majority of their support team. It’s the worst I’ve ever experienced. The way AirBnb treats their Hosts is bad for business and I think it’s going to eventually show itself

  • @naima8392

    @naima8392

    Жыл бұрын

    It has already started showing.

  • @StephenBates7
    @StephenBates7 Жыл бұрын

    Airbnb is one of the main reasons for our "housing shortage". It brought in investors who have snatched up properties in every major city, flipping them into temp rentals. If local governments work to oust Airbnb, it could reverse the trend of record property value and shortages. End the greed.

  • @TitusAzzurro

    @TitusAzzurro

    Жыл бұрын

    AirBnb made renting easy. But people with cash money have been buying houses as an investment since... forever.

  • @StephenBates7

    @StephenBates7

    Жыл бұрын

    @@TitusAzzurro yes but not at this rate, and not as many single family homes. Some wealthy individuals own hundreds of properties all dedicated to Airbnb, not long term rentals.

  • @customjuices

    @customjuices

    Жыл бұрын

    This.

  • @AdHardyMusic

    @AdHardyMusic

    Жыл бұрын

    Only private people should be allowed to rent on Airbnb, and the problem would be solved.

  • @pentrubarbati

    @pentrubarbati

    Жыл бұрын

    government shouldn't ban airbnb or tell a private owner to do something or what not to do to there property that is called comunism and is not fun

  • @matteoneri9983
    @matteoneri9983 Жыл бұрын

    In Germany/nordic countries in Europe Airbnb is not anymore that much more convenient than an hotel. Better an hotel room on booking or expedia.

  • @hnn8759

    @hnn8759

    Жыл бұрын

    Wrong love airbnb

  • @savannahm.laurentian1286
    @savannahm.laurentian1286 Жыл бұрын

    I care most about devastation of working class & any hopes for affordable housing by greed that snapped up 2nd & 3rd homes in misery of 2008.

  • @suzannemuusers9835
    @suzannemuusers9835 Жыл бұрын

    We booked 6 one month rentals in 2022. Seems strange to me that there are not more bookings.

  • @msjannd4

    @msjannd4

    Жыл бұрын

    They've really jacked up the fees!

  • @Fister-kw5un
    @Fister-kw5un Жыл бұрын

    Potential recession? Even WSJ changing definition of recession.

  • @fernchanjan733
    @fernchanjan733 Жыл бұрын

    Valuation is still steep. No way i'm buying this at a 70 billion market up. You'd have to be insane.

  • @goldiz1978
    @goldiz1978 Жыл бұрын

    The costs to renters and local jurisdictions likely exceed the benefits to travelers and property owners. Airbnb might, as claimed, suppress the growth of travel accommodation costs, but these costs are not a first-order problem for atomic families.

  • @Blackjack09721
    @Blackjack09721 Жыл бұрын

    I never had a bad air bnb experience, lol. I don't even think I have ever been to one below a certain rating though, it is interesting hearing comments about air bnb being bad. I wonder how many are actually real?

  • @Chironex_Fleckeri

    @Chironex_Fleckeri

    Жыл бұрын

    The downside is you've probably been recorded in one of those bnbs.

  • @Blackjack09721

    @Blackjack09721

    Жыл бұрын

    @@Chironex_Fleckeri I think most places have cameras including hotels, I do see cameras in air bnbs but I don't think there is any places of temporary residence that doesn't have a camera. Plus the highly rated air bnbs have not been weird experiences, and most of the owners have been pretty responsive.

  • @msjannd4

    @msjannd4

    Жыл бұрын

    I had my first horrible experience in Italy in June. After paying for a whole month, I had to leave two weeks in because I didn't feel safe. Checked into a hotel and took a train father south. The host was verbally and emotionally abusive with a personality disorder or two. Plus, she states on her profile she spoke English. She doesn't. She harassed me the whole time I was there with text messages. I was so traumatized. Writing for the first time publicly about it without getting triggered. Now I'm in a place and feel so safe. I just got unlucky I suppose, because I had never experienced anything like it before. I thank God I had the money to leave!

  • @techcafe0

    @techcafe0

    Жыл бұрын

    @@msjannd4 Please don't make the housing / homless crisis worse than it already is, don't ever support Airbnb again.

  • @robertwilliams3527
    @robertwilliams3527 Жыл бұрын

    Its like the half pints at bars. Making the big beers more expensive

  • @kambam172
    @kambam172 Жыл бұрын

    In order for Airbnb to be successful all these hosts need to get rid of their dumb fees. Airbnb needs to take more control of what hosts can charge so that the costs are lower and much more flexible for the customers. That’s why Airbnb was good when prices were low and reasonable.

  • @msjannd4

    @msjannd4

    Жыл бұрын

    Absolutely agreed! It has become harder to use it because the fees have exorbitant. 😖

  • @anarchy1090

    @anarchy1090

    Жыл бұрын

    Just charge the price u want don’t add stupid fees, ur paying for a house with several rooms kitchen etc backyard etc.. this is not a hotel and that’s why prices are high on them it cost a lot for a family to leave their home while u stay in it so it needs to be profitable.. if u don’t like it go to a hotel

  • @gp7910

    @gp7910

    Жыл бұрын

    @@anarchy1090 Exactly Felix ! Most Airbnbs offer way more for the money than a hotel. But it seems no matter how good of a deal people complain and ask for discounts. I tell them they can get a flop house hotel with bathroom and shower son the hall for more than my luxury one bedroom with kitchen,home theatre,reclining couch ,washer dryer ,in a trendy neighborhood 😆

  • @clinfordbenjamin730
    @clinfordbenjamin730 Жыл бұрын

    Sometimes I really wonder how people make huge profit investing in the stock market, I know investing is a legitimate way to gain financial freedom but how is it done?

  • @tylerdexter4038

    @tylerdexter4038

    Жыл бұрын

    True, people do make it huge in the Stock market, but the market has also swallowed alot of peoples investment mind you.

  • @clinfordbenjamin730

    @clinfordbenjamin730

    Жыл бұрын

    @@ashleymiguel6579 Interesting. I have a lump sum of cash doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how did you achieve this?

  • @jasmineheidi1427

    @jasmineheidi1427

    Жыл бұрын

    I always see Nura Carvalho at top comments on some video I've watched

  • @jasmineheidi1427

    @jasmineheidi1427

    Жыл бұрын

    For people to talk this good about him, he must be good

  • @clinfordbenjamin730

    @clinfordbenjamin730

    Жыл бұрын

    @@ashleymiguel6579 How can I get this trader? I think I should try him out

  • @GottuboiBeachVolleyball
    @GottuboiBeachVolleyball Жыл бұрын

    I enjoy renting places in AirBnB superhost. As long as host are responsible and on top of things, there should not be any issue (major/minor).

  • @Housewarmin
    @Housewarmin Жыл бұрын

    Does Airbnb have a solution for the listings that charge crazy fees. They only charge $100 a night to seem like a good deal, but after the fees its like $400 a night.

  • @hnn8759

    @hnn8759

    Жыл бұрын

    They can charge whatever fees they want, you can choose another option

  • @evanjacobson4595
    @evanjacobson4595 Жыл бұрын

    Potential recession?? Lol we are currently in a recession

  • @dylanmerritt3396

    @dylanmerritt3396

    Жыл бұрын

    You can't enter a recession if you keep changing the definition of what a recession means

  • @gilberttello08
    @gilberttello087 ай бұрын

    👌👌👌

  • @fakuridesne
    @fakuridesne Жыл бұрын

    the economic of AirBNB = cleaning fee.. XD

  • @too-da-loo
    @too-da-loo Жыл бұрын

    'Hundreds of dollars a night' No thank you.. many airbnb's are pricing themselves above good hotels. It makes long stays impossible and short stays not worth it..

  • @jimh6254
    @jimh625410 ай бұрын

    My next door neighbor in my condo decided to rent out his unit and five other units in the small building. Not once in a while, every night, not a couple people, 8-10 in a 2-bedroom unit. The kicker? It's illegal in my city without a special license. Air bnb does not check if they are licensed. I jump through a million hoops to complain, they said they cannot do anything. Basically turning residential housing into a rental car, no accountability, no responsibility.

  • @songhenry1084
    @songhenry1084 Жыл бұрын

    I now book hotel. Airbnb got expensive now

  • @francisbonga5936
    @francisbonga5936 Жыл бұрын

    You think its cheap until you get to checkout page.

  • @shainmammado1163
    @shainmammado1163 Жыл бұрын

    I came here to Virginia Beach for a week first I looked airbnb. After seeing the crazy prices I decided to rent hotel room now I'm in hotel room and I'm happy Airbnb is a trash

  • @mrmoe5440
    @mrmoe5440 Жыл бұрын

    Can’t beat the security of a hotel, a pool… plus the price is the same !!! Airbnb will be gone is 5 years

  • @aightm8
    @aightm8 Жыл бұрын

    No. Because room rates will go down in a recession and so will the number of stays. Airbnb will be hit very badly just like any hotel/online travel agent

  • @naima8392

    @naima8392

    Жыл бұрын

    I hope so as they charge so much, so many admin fees, cleaning fees, even when the place is lit clean, etc..

  • @maw4855
    @maw4855 Жыл бұрын

    excelent video

  • @organizedchaos4559
    @organizedchaos4559 Жыл бұрын

    Airbnb does affect long term market

  • @ivantejeda

    @ivantejeda

    Жыл бұрын

    Hey @Organized Chaos 👋 I’m thinking about making a video on this. Let me know if that’d be helpful. P.S. If you have any questions about starting & growing your Airbnb business lmk.

  • @stargazer5073
    @stargazer5073 Жыл бұрын

    Airbnb, ain't cheap tons of fees....hotels are cheaper.

  • @shawnadyment
    @shawnadyment Жыл бұрын

    It would be cool if AirBnB hosts didn't cancel reservations in order to book the space at a higher rate to someone else. That just happened to my brother when he came to visit Vancouver for a weekend, the host cancelled on him last minute and there was no other affordable option left due to so many events happening the same weekend, so he ended up vowing to never use AirBnB again and booked a hotel instead. I feel lucky that I haven't had that happen to me yet! But I am definitely wary now - and with AirBnB's charging just as much as hotels in some places, makes you think twice about using their service. I used AirBnB in off-season traveling in Italy which was nice but thinking about when it's high season for tourists, I feel like people will get cancelled more often.

  • @cbbrosnaham3739

    @cbbrosnaham3739

    Жыл бұрын

    Shawna, you are right there has been a huge problem with host cancellations and Airbnb has put a huge fine (really huge) and probably end to much of that challenge with cancellations by hosts. As a community leader with airbnb myself and superhost over 5 yrs. I think this will help many people like you and your brother with the fears of cancellations. I've never cancelled a guest in 5 yrs. But had several guests cancel. And they don't think twice about it. So I didn't know how big the problem had become until the new changes have just been brought to us all. I think you will be able to rest assured now, unless its a major unavoidable problem like the A/C crashing, a major leak or such there will be very few cancellations by hosts. all the best to you.

  • @Powaup
    @Powaup Жыл бұрын

    Hotels are great for one night stays or traveling as a couple but Airbnbs are ideal for bigger groups and workations

  • @ladhkay
    @ladhkay Жыл бұрын

    During the pandemic I traveled up and down the west coast where I stayed in each city for a month each all on airbnb

  • @StockTracker1
    @StockTracker1 Жыл бұрын

    I just posted a video analyzing AirbnB's stock, would love your opinion on the company

  • @englishrose4388
    @englishrose4388 Жыл бұрын

    I never stay in a hotel anymore if I can avoid it. AirBnB offers kitchens, a quiet location, a beautiful spot that’s private, etc.

  • @techcafe0

    @techcafe0

    Жыл бұрын

    great, thanks for your contribution to the housing / homeless crisis 🤨

  • @pib4ever

    @pib4ever

    Жыл бұрын

    Exactly. Hotels are corporate scams. Dirty sheets almost every other time I used to check in. Hidden fees most don’t even know until their checkout receipt.

  • @pelokay1

    @pelokay1

    Жыл бұрын

    @@techcafe0 yea Because Airbnb is the cause of Why people are homeless in America

  • @chriskim7123
    @chriskim7123 Жыл бұрын

    But why the CEO sounds so sassy 💅💃(I'm here for it)

  • @Burdenedwarrior
    @Burdenedwarrior Жыл бұрын

    AirBNB is part of the pseudo sharing economy. What sets it apart from the traditional hotel market is that it has shifted the fixed costs of the business onto the hosts. As an example traditional taxi companies owned and maintained its cars which costs a lot of money. Uber shifted the fixed cost onto car owners which makes it a more efficient and profitable company that has put taxi companies out of business.

  • @letsburn00

    @letsburn00

    Жыл бұрын

    Its not necessarily more efficient. The main driver of their companies model appeared to be low quality. Either by underpaying drivers or hiring lower quality ones

  • @MysteryKmt
    @MysteryKmt Жыл бұрын

    How sway?!

  • @MayorMcC666
    @MayorMcC6665 ай бұрын

    is the recession in the room with you right now Aug 22 2022 WSJ

  • @jonathanllamas2423
    @jonathanllamas2423 Жыл бұрын

    The nail in the coffin was “Must take out trash to designated site, make sure dishwater and dishes are washed and dried, and houseboy picked up” Yet they still slap a $95 cleaning fee. At this point your better off at a hotel!

  • @skullandbones1832
    @skullandbones1832 Жыл бұрын

    ❤️

  • @ericpham5198
    @ericpham5198 Жыл бұрын

    I think it is the greatest idea and safety where most hotel fell to deliver on privacy and safety for tourists who are professional on vacation but not professional tourists

  • @clivebaxter6354

    @clivebaxter6354

    Жыл бұрын

    How do you know an Airbnb host is not crazy?

  • @ycz1931
    @ycz1931 Жыл бұрын

    airbnb customer service is another potential risk. its probably one of the few companies where its dissatisfaction rate increased after speaking with a customer service. Especially regarding to sensitive issues, like racism

  • @starkparker16
    @starkparker16 Жыл бұрын

    Airbnb has helped drive up rents like crazy

  • @michaelmanning5379
    @michaelmanning5379 Жыл бұрын

    Rented an AirBNB once. A municipal zoning officer showed up to tell us it was an illegal rental. Never again.

  • @ctgal9698

    @ctgal9698

    Жыл бұрын

    There was one in my area recently which was being rented out with no heat, running water, or electricity. Zoning finally condemned the property and it was removed from airbnb listing. Unbelievable

  • @zachii4444
    @zachii4444 Жыл бұрын

    "You will own nothing and be happy" Airbnb fit well for this.

  • @stgermain6488

    @stgermain6488

    Жыл бұрын

    Airbnb is the best when wanting to live abroad for an extended amount of time

  • @mariebunel8617
    @mariebunel8617 Жыл бұрын

    There are no shortcuts to *getting rich* ,but there are *smart ways* to go about it. I realized early in life the importance of investing for financial independence and have invested with great returns working with *a professional.*

  • @janewoodley136

    @janewoodley136

    Жыл бұрын

    I'm always fascinated with investing and as such would appreciate some help on how to go about it without incurring losses.I would really appreciate it if you could share the investments you have made and your experiences with them.

  • @mariebunel8617

    @mariebunel8617

    Жыл бұрын

    @@janewoodley136 well, I engage in profitable investments such as:- real estate, NFTs, crypto and stocks and through proper advice and management by a licensed financial adviser (Hamilton Phoebe Zoe), I have achieved good returns on investment. I will recommend that you work with a professional for a better investment experience as well as a good return on investment.

  • @janewoodley136

    @janewoodley136

    Жыл бұрын

    @@mariebunel8617 I appreciate this information, how can I get in touch with your financial advisor as I am really interested and would want to start investing.

  • @mariebunel8617

    @mariebunel8617

    Жыл бұрын

    @@janewoodley136 As to get more details about my financial professional (Hamilton Phoebe Zoe); do an internet research with the full names above to easily approach her and as well write her.

  • @dianaroberti872

    @dianaroberti872

    Жыл бұрын

    Speaking from experience, Working with a financial professional is best compared to none. They have a wealth of information which helps a lot in creating wealth, I know Hamilton Phoebe Zoe and I'm happy they mentioned her here. Working with her made me understand the fact that you can't compare growing your investments yourself to that of a financial professional.

  • @infini.tesimo
    @infini.tesimo Жыл бұрын

    Airbnb has been golden for me when coming back from overseas in a temporary displacement between my next destination and coming back to the mainland for tax purposes. I plan to start getting into it since I use it so much for my business moves.

  • @Godsknight
    @Godsknight Жыл бұрын

    Vacasa is better. But they work with Arbnb

  • @pablowwwggg3134
    @pablowwwggg3134 Жыл бұрын

    I don’t know man, I agree with him. People are going to keep on traveling, whether a recession happens or not. Airbnb, airlines and hotels will be bullish next year.

  • @demetrio3d239
    @demetrio3d239 Жыл бұрын

    Airbnb the gentrification machine.

  • @bngr_bngr
    @bngr_bngr Жыл бұрын

    Who wrote this headline? We are in a recession.

  • @catcastle4377
    @catcastle43777 ай бұрын

    Nah, hotels are still better also AirBNB really skewed housing problems

  • @adelaoklestkova4992
    @adelaoklestkova4992 Жыл бұрын

    From my personal experience AIRBNB customer support doas not work at all. If you host you have no possibility to call them. It just do not work and if you are using services someone pick you phone but tell you no with even worse english than my. I can not imagine what would wappenend in case of any disaster.

  • @Patriciacraig599
    @Patriciacraig599 Жыл бұрын

    The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse is near.

  • @Robertgriffinne

    @Robertgriffinne

    Жыл бұрын

    Collapse is generous 1st time in our history with a full generation that wasn't taught financial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming

  • @Natalieneptune469

    @Natalieneptune469

    Жыл бұрын

  • @marianparker7502

    @marianparker7502

    Жыл бұрын

    Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire. Personally I hired ‘’"Nicole Ann Sabin"’’ a financial advisor who sets asset allocation that fits my tolerance and risk capacity, investment horizon, present and future goals.

  • @wiebeplatt4749

    @wiebeplatt4749

    Жыл бұрын

    @@marianparker7502 Please, your coach you mentioned, how do i get in touch with her?

  • @marianparker7502

    @marianparker7502

    Жыл бұрын

    @@wiebeplatt4749 just look her name up online to get in touch with her, her details are provided online

  • @ingislakur
    @ingislakur Жыл бұрын

    Ive been a host since 2015, zero party incedence. It blown out of porporcion.

  • @floridaswampman7648

    @floridaswampman7648

    Жыл бұрын

    It is not blown out of proportion. Its nice to hear that you as a host are on top of yours.

  • @ingislakur

    @ingislakur

    Жыл бұрын

    @@floridaswampman7648 It is, they still talking about that one Halloween party many years ago.

  • @thepromisedgoat
    @thepromisedgoat Жыл бұрын

    AirBnb during the pandemic was terrible!!! So many listings that wasnt active

  • @AchwaqKhalid
    @AchwaqKhalid3 ай бұрын

    Airbnb is no longer the -Cheap- option 🚨

  • @rays3812
    @rays3812 Жыл бұрын

    Taiwan needs more anti-ship and anti-air weapons. If they can make it impossible for large ships to approach the island, they might have a chance. Defenses will most likely be hit with air strike, so make it impossible for air to approach the island too.

  • @nextbigdream
    @nextbigdream Жыл бұрын

    Can Airbnb

  • @mineown1861
    @mineown1861 Жыл бұрын

    Hopefully not , property values are out of control Airbnb isn't helping.

  • @richardshufflebottom4011
    @richardshufflebottom4011 Жыл бұрын

    I had a bad Airbnb experience also. Also, checking out early of a long term stay (even with the host’s approval) caused me to lose our Airbnb didn’t return the fees. Hotels are better

  • @Elliott_Wave
    @Elliott_Wave Жыл бұрын

    People, should be able to do what they want with their own properties. It's there right.

  • @djp1234
    @djp1234 Жыл бұрын

    I'd rather stay at a hotel than pay for someone's mortgage. AirBnB is making the housing crisis worse.

  • @JP-kl4zk
    @JP-kl4zk Жыл бұрын

    Nothing these two people say gives any confidence that this company will be a good long term investment.

  • @TalwinderDhillonTravels
    @TalwinderDhillonTravels Жыл бұрын

    Just for example, 95% of rentals in Montréal are illegal. But sure they can go on about their innovations

  • @firerabbit2659
    @firerabbit2659 Жыл бұрын

    Stop calling it a "Potential" recession. It's a recssion.

  • @spacetoast7783

    @spacetoast7783

    Жыл бұрын

    Yep. That's why the US is experiencing deflation and high unemployment.

  • @spacetoast7783

    @spacetoast7783

    Жыл бұрын

    Oh wait...

  • @lc285
    @lc285 Жыл бұрын

    Amazing a website company such air bnb, Uber, etc, scalping a percentage of rental fees for just designing a website is supposedly 'worth' billions. These supercomputer corporate owned conglomerates such as zillow, redfin, Blackrocks, Blackstone, etc.,should be banned from the real estate market.

  • @Sonofawildanimal4241

    @Sonofawildanimal4241

    Жыл бұрын

    They stink!

  • @magnusthorne
    @magnusthorne Жыл бұрын

    My experience with airbnb was so bad that I want to use anyone other than airbnb.

  • @CricketThomas
    @CricketThomas Жыл бұрын

    I’ll take a hotel. It’s cheaper and there’s no fees for random things you’d get at a hotel with no questions asked.

  • @pib4ever

    @pib4ever

    Жыл бұрын

    Try to take a pet to a hotel and see what happens. Not only will fees apply but you get kicked out without an apology. And don’t get me started on hotel hidden “resort fees” and “parking fees”

  • @rickkim2931
    @rickkim2931 Жыл бұрын

    the answer was no btw

  • @black__monk400
    @black__monk400 Жыл бұрын

    Gosh, she is beautiful 💐

  • @RossetVladimir
    @RossetVladimir Жыл бұрын

    I'm glad I got into crypto when I did because it’s been a turning point for me financially,been my best decision so far

  • @teresajohnson9615

    @teresajohnson9615

    Жыл бұрын

    As an independent woman I started my first investment plan with just a $1000 and now earning weekly income of $5000 in cryptocurrency exchange with my personal broker

  • @taylormoore8734

    @taylormoore8734

    Жыл бұрын

    Inspiring! do you think you can give me some advice on how to invest in a healthy way as you are doing?

  • @AlexisKruger171

    @AlexisKruger171

    Жыл бұрын

    Bitcoin has been falling for a while now and it might keep falling or decide to rise again. The truth is no one knows, I believe it's the right time to make purchase and also get the assistant of a professional

  • @teresajohnson9615

    @teresajohnson9615

    Жыл бұрын

    @@taylormoore8734 I will recommend my current trader Mrs Carrie Coghill her strategies are earning a lot of profit for me

  • @teresajohnson9615

    @teresajohnson9615

    Жыл бұрын

    © Carriecoghill

  • @floridaswampman7648
    @floridaswampman7648 Жыл бұрын

    Theres an Air BnB in our Neighborhood and the police are there every other night its a nonstop party house thats bringing crime to our neighborhood and dropping our home values. Pray one of these dont start in your neighborhood.

  • @liechter

    @liechter

    Жыл бұрын

    Wouldn't dropping home values be a good thing as it allows lower income people to buy real estate?

  • @floridaswampman7648

    @floridaswampman7648

    Жыл бұрын

    @@liechter maybe for you.

  • @loon7181

    @loon7181

    Жыл бұрын

    @@liechter lol it's funny how some people are like "airbnb are bad! they make properties more expensive" while there's the completely opposite end of the spectrum that says "airbnb are bad! they make property values drop!".

  • @auro1986
    @auro1986 Жыл бұрын

    can't airbnb, and wsj, do anything else except dragging you to recession?

  • @MysteryKmt
    @MysteryKmt Жыл бұрын

    Hotels are better by far

  • @AC-ge2tr
    @AC-ge2tr Жыл бұрын

    4:10 how is that an Airbnb problem at all? It’s a law problem. Just stop people from being allowed to have guns in the first place.

  • @fl4650

    @fl4650

    Жыл бұрын

    Started good, then you went off the rails 😂

  • @techcafe0
    @techcafe0 Жыл бұрын

    “Short-term Rental” are weasel words for TOURIST ACCOMMODATIONS. Airbnbs are HOTELS and should be licensed & regulated, and subject to the same tax obligations, zoning regulations and hotel industry standards. Airbnbs deplete housing stock, drive up housing costs, and destroy communities. Please do not support Airbnb, because it’s playing a devastating role in the current housing crisis by reducing supply, robbing renters of places to live, increasing prices and ruining communities. We're in the midst of an extreme housing crisis, where long-term tenants are being mercilessly evicted from their HOMES. Airbnbs do more harm than good, socially and economically.

  • @lc9991x

    @lc9991x

    Жыл бұрын

    Many cities do treat Airbnb very similar to hotels in terms of zoning, service tax, etc

  • @techcafe0

    @techcafe0

    Жыл бұрын

    @@lc9991x really, where, what cities zone for Airbnbs? No city in my country, Canada, does this, the Airbnbs are popping up like weeds everywhere, contributing to housing shortages and astronomical rents.

  • @starshockey11

    @starshockey11

    Жыл бұрын

    May I politely ask where you live? Asking for a friend… 🤣🤣

  • @naima8392

    @naima8392

    Жыл бұрын

    💯 % agree

  • @benjamindover4337
    @benjamindover4337 Жыл бұрын

    Here's the problem. An apartment is $2k/month. You can make $100 renting it on a daily basis. Now the apartmet is $3k/month. Do you understand how this works?

  • @pelokay1

    @pelokay1

    Жыл бұрын

    So before AirBNB what was the cause of rent being raised ?

  • @thekeith-donovanexperience
    @thekeith-donovanexperience Жыл бұрын

    This a millennials and Gen Z company, boomers don’t understand this lifestyle. It’s definitely going to be around for a while.

  • @stargazer5073
    @stargazer5073 Жыл бұрын

    Nope, Americans are doing day trips can't afford gas and utilities!

  • @rolfkrajewski4975
    @rolfkrajewski4975 Жыл бұрын

    AirBnB is NOT affordable

  • @pib4ever

    @pib4ever

    Жыл бұрын

    Not all hotels are the same price. Airbnb is affortable for every weekly business trip I’ve taken. Research

  • @hybridinfodesk409
    @hybridinfodesk409 Жыл бұрын

    Airbnbedbugs, cochroaches and mice or rats. Videos on let's be honest about airbnb show the reality. I rather pay too not have things moving on their own inside the place I'm sleeping. I don't do bugs or wildlife inside a space.

  • @itzzzdae
    @itzzzdae Жыл бұрын

    Economics of greedy people that makes strangers pay to stay in their extra home and clean it for them before they leave.

  • @pib4ever

    @pib4ever

    Жыл бұрын

    If you want to be a slob and go into someone’s home with a luxury kitchen, spacious bedrooms, outdoor space, etc, who offers it to you for the same price as a dingy hotel with one window and a mini fridge, go ahead. Also don’t forget to make a cup of coffee in that filthy coffee machine from 1984 they recycled. 👌🏻

  • @scarlettflorence
    @scarlettflorence Жыл бұрын

    *I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment.❤*

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    @kevinoconnor3710

    Жыл бұрын

    Hello what’s the best way to get started with trade cos I’ve been making my personal research for a while now please a newbie?

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    Жыл бұрын

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    Жыл бұрын

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    @leoparagon

    Жыл бұрын

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    @brianoconnor9272

    Жыл бұрын

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