Airbnb is within the highlight. On September 5, New York Metropolis carried out what Airbnb calls a “de facto ban” on the short-term rental platform.
The variety of short-term listings on Airbnb in New York Metropolis, one of many platform’s largest markets, has seen a major decline. In line with “Wealthy Dad Poor Dad” writer Robert Kiyosaki, a significant shift in the actual property panorama is on the horizon.
“Airbnb will lead the actual property market collapse,” he stated in a latest submit on X, previously Twitter.
Whereas a collapse in actual property costs may be devastating for owners, Kiyosaki believes it may be a chance for potential consumers.
“If you need a brand new house, your completely happy days are simply across the nook,” he wrote. “The identical goes for rental properties.” “The most effective time to get wealthy is to have an accident.”
paying off:
The submit obtained 2.4 million views and 17,800 likes.
In the event you share this angle, you’ll be able to wait till actual property costs decline after which purchase a home or home Income property at a discount. Nevertheless, Kiyosaki sees an enormous deal for traders – and it isn’t about actual property.
“The biggest funding deal”
In a separate submit on
The well-known writer has lengthy been a fan of treasured metals like gold and silver, which have been a retailer of worth for 1000’s of years.
In distinction to paper cash, which central banks can produce in limitless portions, treasured metals have an inherent shortage, making them a worthwhile hedge towards inflation.
As Kiyosaki famous, silver additionally performs a pivotal function in each the photo voltaic and electrical car (EV) industries as a result of its distinctive conductive properties.
“Silver is the second most generally used commodity after oil. Silver has been cash for hundreds of years. Who can not afford a single silver coin, but most individuals choose to avoid wasting counterfeit {dollars}. It’s unhappy,” the writer wrote.
Traders can simply entry the grey steel. There are silver exchange-traded funds (ETFs) and mining firms that stand to learn from rising silver costs.
Nevertheless, in an interview earlier this 12 months, Kiyosaki stated he “stays away” from treasured metals ETFs as a result of he does not need “any counterparty danger.” As an alternative, he prefers bodily bullion.
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This text ‘Airbnb leads real estate market crash’: Robert Kiyosaki issues dire warning but says crash is ‘best time to get rich’. Here’s the biggest deal he sees right now Initially appeared on Benzinga.com
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