Our 2 Cents
Episode 133: Rate Hike Déjà Vu & "Airbnbust"
Mar 23, 2023
Our2centspodcast
The Fed's efforts to curb inflation have continued this week, and that's our first segment on this new episode of Our 2 Cents. Then, Steve and Gabriel are taking a look at some major shifts in the vacation rental industry and wrapping up the show with listener questions.
- Rate Hike Déjà Vu:
- What does this latest move by the Fed indicate about the banking industry?
- What do the continued rising rates mean for consumers?
- Are there any positive benefits to rising interest rates?
- "Airbnbust":
- Vacation rentals are facing new challenges, even as the industry continues to grow.
- An oversaturated market is hurting individual owners/hosts while short-term rental demand has never been higher.
- We'll explain what could have caused the run up in costs and the oversupply in the market.
- Plus, the unique impacts being felt across communities and neighborhoods.
- Listener Questions:
- "I just paid my last tuition payment, so my kids are officially off the payroll. Is it safe to cancel my life insurance at this point? - Tom
- "I'm not retiring for another five years, so I don't feel the need to be ultra-conservative with my money, but my wife keeps insisting that she wants to be more secure. Just how secure do I need to be at this stage?" - Jim