The Real Word

Airbnb Flips the Housing Market in These 25 Cities

Byron Lazine and Nicole White discuss Airbnb restrictions, inflation’s impact on millennials, the multi-billion dollar Microsoft investment in ChatGPT maker OpenAI, Americans leaving California and New York, and a new wealth tax that would include wealthy former CA residents.

January 24, 2023
BAM Staff

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This week’s episode of The Real Word began with a BAM article on new Airbnb restrictions in 25 towns and cities across the U.S. and Canada—with more likely to join the list.

Next up was a BAM article on how inflation specifically has changed home-buying plans for 92% of millennials.

The “Left, Middle, Right” segment began with the multi-billion dollar Microsoft investment in ChatGPT maker OpenAI, followed by Americans leaving New York and California for low-tax states like Florida and Texas—and a new bill for a wealth tax that would apply even to former California residents that moved out of state, starting next January.

Click on any of the timestamps below to watch:

00:00–00:21 Intro

01:08 Topic #1: 25 Cities Cracking Down on Airbnb

07:33 Is Airbnb a good investment?

08:51 Advice for people investing in single-family homes for short-term rental use

12:20 Topic #2: 92% of Millennials Say Inflation Has Altered Their Home-Buying Plans

13:48 How inflation has specifically changed home buying

18:20 All these bullet points could be email subject lines (and videos)

19:22 Left, Middle, Right #1: Multibillion-dollar Microsoft investment in OpenAI

20:20 BAM’s live demonstration: using ChatGPT to create listing descriptions

21:37 BAM’s upcoming ebook with Chris Smith—an AI 101

22:01 LMR #2: Americans leaving New York & California for low-tax states

22:10 LMR #3: California democrats consider wealth tax that would include former residents

25:25 Live-stream with KCM at 3 pm ET

Click here to watch the full episode.

Download the printable PDF with all 27 lines:

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About the Author

BAM Staff

Real estate may be all about location, location, location, but we know that content is king! That's why we have an army of talented writers behind the scenes, crafting posts like this one to help you navigate the ins and outs of the industry.

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