4 ms·
First, let's look at the two people in question: > The #1 Real Estate Channel on YouTube with over 4 Million Monthly Views. vs > Chief Economist, SVP of Anal
by mbesto 3y ago
First, let's look at the two people in question:
> The #1 Real Estate Channel on YouTube with over 4 Million Monthly Views.
vs
> Chief Economist, SVP of Analytics @AirDNA, tracking performance and explaining trends in short-term rentals
Gerli is clearly incentivized by "shock value" content (he's a YouTuber) and Lane is incentivized by telling people the market is okay, however I'm inclined to believe Lane on this one. I've also used both AllTheRooms and AirDNA and AirDNA appears much more accurate (YMMV).
Second, lots of those Top 10 destinations are bachelor party destinations. Nashville, Austin, PHX/Scottsdale come to mind. These were once lucrative ABNB destinations ("8 bros in a shared house"), because large groups get better economics, easier communications/logistics, etc. So, it's no surprise with higher inventory of people chasing that demand that prices will eventually come down and settle.