Airbnbust and The Future of Real Estate - Adam Taggart, Amy Nixon

In this episode of the Rich Dad Radio Show, guest host Adam Taggart and housing analyst Amy Nixon provide a comprehensive update on the housing market's current state of uncertainty and the impact of potential Fed rate cuts on real estate. Nixon, a DFW Housing & Economic Analyst, gives an update on her prediction that an "Airbnb Bust is upon us."
Taggart and Nixon discuss inflation's role in high asset prices, the surprising resilience of housing prices despite increased rates, and the shifting dynamics of short-term rental markets like Airbnb. Nixon emphasizes the challenges in the short-term rental space due to over-saturation, regulatory changes, and consumer preferences shifting towards quality service. The discussion also explores the broader implications of a possible continuation of high inflation and interest rate policies on investment strategies in the real estate sector. Nixon advises on the importance of strategic investments in this uncertain market, particularly cautioning against short-term rental investments in the current economic climate.
00:00 Introduction
01:49 Housing Market Analysis: Uncertainty and Interest Rates
01:59 The Airbnb and Short-Term Rental Market Update
02:32 The Impact of Fiscal Stimulus and Supply on Housing Prices
12:01 The Future of Real Estate Investing and Short-Term Rentals
19:33 Navigating the Changing Real Estate Investment Landscape
33:10 Final Thoughts
*Why Watch?*
- The current state of uncertainty in the housing market and potential Federal Reserve actions.
- The intriguing concept of the Airbnb bust and its ramifications on the market.
- An in-depth analysis of short-term rental investments in today's economic climate.
- The intricate relationship between mortgage rates, fiscal policy, and real estate prices.
- How the shifting dynamics of inflation could redefine real estate investment strategies.
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

[@MrCedrichm]

Adam is one of the best financial interviewers.

[@grabthemappodcast]

Really enjoyed listening to Amy's perspective on the housing market and Airbnb industry. It's clear that careful consideration and proactive investment strategies are essential in today's economic climate.

[@KimberlyPham252]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

[@alfredjason9168]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@RobertJenkins835]

She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states

[@PatrickVelazco]

You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.

[@LynnAnderson497]

I'm new at this, please how can I reach her?

[@BryanWilliams-ji9gn]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@StalwartPersonaYT]

Waiting and am highly inspired by this channel. Hopefully, someday we get there as well.

[@j9cornwall80]

Loved Amy’s comment about liquidity sloshing about in the market and looking for somewhere to park.

[@vitalsigns6403]

So great to see the deflationistas admit home comp prices and inflation are definitely staying “higher for longer”. It is admirable to admit your call was wrong, and publicly say it👍

[@Fabian_REI]

Very insightful conversation!

[@REWatchman]

Booked an Airbnb in Austin the week of stay for 1/3 the list price

[@MountainSalsa]

Thank you.

[@Giveup9999]

We still need real estate to come down in value before it can stabilize.

[@lukaszstaniec]

...come down to reality in sense of price to income

[@sokhasar8632]

Thanks Adam for information

[@luissaguilan1013]

ADAM WE NEED YOU BACK ON WEALTHION 😢

[@friarnewborg9213]

Adam has his own Channel now= Thoughtful Money

[@user-ff8do2lg9c]

thank you amy

[@AcornHillHomestead]

The scenario where a short term rental goes into the permanent resident pool really only works if there aren’t alot of neighboring short term rentals. I live in an area where sections of AirBnB and Vrbo subdivisions are popping up all over. Its VERY obvious who owns a rental because tons of cars show up and the decks are full of young people looking out at the other houses surrounding these so called “lakes”. (Really oversized ponds). Who wants to have their coffee on the deck when Joe Party is staring at your house? We have VERY FEW places to dine and almost no entertainment or shopping without driving 45 minutes so people hang out at the rental houses and drink. Nobody wants to pay $600k to $800k to live next to party houses. The people are loud, obnoxious, have no respect for residents. The saying “fools rush in” comes to mind when it comes to short term rentals. They all think they are getting rich quick. I just drove by one with at least 12 cars in the driveway. We may end up being a ghost town of homes that wont sell or get rented. We sold our rental in Sept of ‘23 after 15 years. We could see the economy falling apart and decided lets get out while the market is still rocking. Just after that, sales slowed to a trickle but this spring short term rentals are popping up everywhere. we are just a rural area with one big lake, a bunch of campgrounds and very few places to eat and no entertainment.

[@sokhasar8632]

I love your channel

[@mikeking7582]

how about we go back to real estate being for people to live in and own a home...instead of all these greedy people trying to buy everything.....

[@johndurant8687]

Just vote RFK Jr. for president

[@77Tadams]

How about quit complaining. People invest in rental property and you can rent it if you cannot buy it. Not everyone has the means to buy a home or maintain it. Some don't even want to own.

[@mikeking7582]

@@77Tadams HOW YBOUT YOU GO DINGA DANG DANG YOU'RE DANGA LONG LING LONG................LOL......IT'S ALL ABOUT TO GOTO CRAP AND CRASH ANYWAYS

[@Fastcarsdriveslow]

Can I get your professional option on when to sell your gold during a recession? Sell half? When does gold hit its top in recession? Thanks guys.

[@microaggressor1113]

California? The whole country is pricy. Look at the house prices in Idaho.

[@gettinafterit2158]

If you can bring in whatever you can find😂 oh Amy get over here your filling in 😂😂

[@thecars570]

Interest rates are still too low. Raise fed rates to 20 percent and see how fast housing goes down.

[@mikeking7582]

IT'S CALLED FEUDALISM

[@minoritymoneymindset]

Did he just say houses are going to appreciate....😅

[@housingrevolution5237]

When you say things like "Are we entering a marketplace where the affluent own everything and the regular people are increasingly priced out?" I think "Maybe he actually has some concern for his fellow citizens." But then it's back to the heartless investor-side economics with comments like "If you can get yourself into housing, you should because the prospects for the appreciation of this asset look pretty good going forward" showing your only concers are the non-productive inflationary asset gains and rentier incomes made by siphoning off the fruits of others' labors. Not only does it show no concern for your fellow citizens, but no regard for the production-based Capitalism our founders envisioned, and instead a penchant for the exploitative Feudalism they were determined to prevent. Maybe someday you'll do an objective episode on the inflationary effects of allowing investors into the housing market, on the excess demand they create, how they constrict the supply of homes available for purchase by potential owner-occupants, and the huge increase the money supply available specifically to land and housing they bring about with their cash assets and access to credit. And then maybe talk about how housing inflation then drives the general inflation you love to say you hate, and how housing inflation drives up labor costs, making it harder and harder for small businesses to survive and for our country to compete as a global manufacturer/exporter. Or keep on feigning innocence, as if there's nothing we can do about it, and as if real estate investing isn't the root of so many of our country’s problems.

[@AcornHillHomestead]

We are seeing our area being overrun with affluent buyers building second homes and creating a mess in terms of higher prop taxes. Until recently we were one of the poorest counties in our state. I feel really bad for our local poor and older people. These rich people come in compaining and whining about wanting public services and they aren’t here 1/4 of the year!! The locals have done without most of those services for decades. They take over the boat launches and the restaurants now in the months locals look forward to enjoying after months and months of cold temps. They disgust me with their snobby attitudes and disrespect for locals even using our driveways to turn their boats around!

[@housingrevolution5237]

@AcornHillHomestead It's funny how state and local governments think it's so great to attract wealthy folks, as if the money they spend outweighs the consequences of the inflation they create. What state are you in?

[@leedryburgh]

Starts 2:30

[@middlemanceo]

The economy is FLOODED with FED-HOT money, and people are OBSESSED with buying homes. Interest rates and housing costs won't stop the hot money from moving. The only way out is Over-Supply in the housing market.

[@shodotashirov]

Where is Robert Kiyosaki himself? I don 't see him lately.

[@TheRichDadChannel]

He's been speaking abroad so we've brought in guest hosts to keep the financial education train going for you - hope you enjoy!

[@povarful]

Good!! We don't need arbnb!

[@jonEmontana]

Agree. Needs outlawed

[@povarful]

@@jonEmontana absolutely.

[@sh4969]

I learnt some thing about India , India has already has 10,000 metric tons of silver in Febuary it brought 8% of silver that's in the world. If it does that every month for 2024 that is 8x12=96% of world silver above ground for one Country. So that's common knowledge doing research so the silver price could jump up to $100 then $300-$800 then in 10 years it could go up to $60,000 a ounce & beyond. Who knows?

[@EricCarrJeetKunedo]

Buy bitcoin, hold, wait.. I started with a decent sized long term rental portfolio.

[@nickjensen345]

Petition to replace Robert with Adam to host this show from now on. These questions are more thought-provoking.

[@flicmcfly1536]

Not sure why Amy is so "in-demand", although I have my theories. She doesn't really offer anything original and just rehashes data that is already known and out there. She has also been very wrong with her 'analysis' the past 1-2 years. She threw in the towel and had to change her 'narrative'....

[@nazirjonxoshimov2772]

🎉🎉🎉🎉🎉

[@kevinschlosberg7124]

The rent’s too dam high…

[@ScottBergerone]

The financial markets are full of opportunities, but I’ve learned a lot over the past few years. The key is knowing where to focus and also having a good mentor. like mrs ann fiocca to lead us down the right part.

[@user-od9lj2mk5r]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.

[@richarddamien4654]

nice 👍. I and my wife own single home family rentals. we have $200,000 left on mortgages. We are now the possibility of maintaining $70,000 annual income by selling and investing in stocks and bonds. How does this work out?

[@clementdan9417]

Real estate is a solid investment but demands effort and lacks liquidity compared to stocks and bonds. Long-term market trends should guide decisions.

[@kutaibajamal]

I'm reading "the rich are getting richer"😊😊😊

[@PINCHELEO84]

We have been in recession for a while now. We are only heading to a bigger recession moving forward. Just because they changed the definition doesn't mean anything.

[@rudyhurkmans9274]

not now buying a house ,,,over a year ,,bam📥

[@warrencollings9784]

Way to much advertising

[@JessSunny]

The first thing a host should know: ask point blank questions and then shut up.

[@jonEmontana]

Tell that to Sean hannity. He’s the worst of the worst.

[@JessSunny]

@jonEmontana never waste your time on Hannity.

[@jonEmontana]

@@JessSunny never do. He leads everyone during every interview.

[@bigo8738]

nuhvidi stolk😂

[@PepeCoinMania]

Where’s Robert is he too tired for the show

[@Buff1nt0n]

Of course a woman needs to be protective as she will be responsible with a child so, men can and do earn the suspicion but the fact that most women always reach so far above their own potentials, out of their leagues, they leave themselves open to being manipulated, exploited and sometimes abused by a tiny percentage of men that are constantly being pawed at by women. It then appears to them that it must be the description of all men. This is the parallel of women Friendzoning guys that women perceive as not worthy of their illusionary Number 10 Status. Can it not be the epitomy of why the sexes don't understand each other while a majority of men and women age out of their interest in connecting with a decent partner?

[@bigo8738]

this girl is sooo difficult to listen to, first kiyosaki show i couldnt finish

[@journeyofsweettee9593]

Trash

[@bgwhalley]

PLEASE, not Rich Dad Poor Dad. He has been screaming recession since 2015. He is obviously clueless. If it weren't for his book, he would be broke.

[@toddbrown417]

Well then....enlighten US on reality and YOU predict the future perfectly...I'm waiting

[@gilbertcouto8537]

Im waiting

[@bgwhalley]

@@toddbrown417 That's the thing. I don't go on all these podcasts taking wild guesses about the future acting like an expert. Sadly, some people listen to him and miss opportunties or even lose money following his terribly wrong predictions.

[@CryptoDenny.bitcoin.finanza]

I would like to know how he borrow 300million dollars tp buy assets!??

[@bgwhalley]

Without insider info... the type of info Pelosi, Buffet, Gates, Dalio, and a large portion of politicians, etc are privy to... us peasants can't really predict accurately our financial future. But if you are going to follow someone or somebody it wouldn't be 99.9% of the people Adam Taggart has on --haha. They are all fake gurus that know nothing. Only one person Adam has had on who i think actually has a clue... and that was Hoenig.

[@Brzypoint]

We haven't even seen the inevitable crash of everything yet....you can say goodbye to everything once that happens.