56: Are New Short-Term Rental Hosts in For a Rude Awakening in 2023?

On The Market · Nov 28, 2022 · 57m

Short-term rentals have had a serious run over the past two years. As soon as interest rates dropped, everyone decided that buying a vacation rental or second home was the best move to make. This led to a surge in short-term rental investments across the US, as hosts began to almost outnumber guests. Now, vacation rentals are seeing a dramatic slowdown while a recession starts to shape, as Americans are less concerned about taking vacations and more about keeping their jobs.

So where is the vacation rental market headed? Were short-term rentals just a short-lived fad that could fade out…