This article discusses the impact of the housing market on Airbnb. The author shares insights from a recent walk in Cincinnati, where the prevalence of short-term rentals like Airbnb was noticeable. The increasing number of short-term rentals in cities like Cincinnati is contributing to a housing shortage, which could lead to a “Housing Bubble 2.0.” The author also highlights the potential impact of local regulations and the lobbying efforts of companies like Airbnb and traditional hotel chains. The article suggests keeping an eye on Airbnb’s stock performance in light of these trends.
To receive more stories like this each morning, readers are encouraged to enter their email for a free subscription to Money Morning. The author, Chris Johnson, is a seasoned equity and options analyst with nearly 30 years of experience in navigating Wall Street with a quantitative and contrarian trading style.
