The “gold rush” market seems to be on pause as some homes snapped up for short-term rentals are now for sale. Declines in STR rental trends and more hotel space are contributing factors. — Standard-Radio Post/Brent Burgess
Main, News
A new season for STRs
In a recent tweet by internet housing influencer Nick Gerli, a chart was shared with the title, “Airbnb Revenue Collapse – Top 10.” The list of cities leading the collapse includes Austin at number three and San Antonio at number five, both showing more than a 40% decline in Airbnb revenue from May 2022 to May 2023.
Gerli’s YouTube channel, Reventure Consulting, has 397,000 subscribers and his Twitter account boasts 85,000 followers. Thus, his information caused significant buzz regarding...
