Video: Airbnb Panic - Los Angeles Real Estate Reality
This Week’s Topic: Hyperlocal Real Estate News
Joe and Darren cover Northeast Los Angeles on real estate, development, community issues and lifestyle. Silver Lake, Echo Park, Los Feliz, Atwater Village, East Hollywood, Mount Washington, Glassell Park, Highland Park, Montecito Heights, Lincoln Heights, El Sereno and Eagle Rock provide a rich tapestry of dynamic change for better and for worse.
Last Week’s Topic: Airbnb Panic
A controversial blog post suggests that some Airbnb owners may be forced to sell their properties. The results could be a housing bust in some areas. Why? This industry watcher sees a downturn in the short-term rental market. It started in the second half of 2022, with Airbnb operators in some cities now facing a 50% decline in revenue. Darren and Joe look at the numbers, the opinions and the controversy this post has caused.
More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate
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