Economy Boosts Demand For Airbnb’s Apartment Rental Program

  • In the face of global economic uncertainty, Airbnb’s apartment rental program is seeing a boost in demand.
  • “In recent months, the real estate market has seen a surge in demand for rental properties as many people continue to delay their home-buying decisions, mainly due to decreased affordability related to mortgage interest rate increases,” Drew Coleman, founder of Oregon-based Opt Real Estate, told FOX Business.
  • It’s creating a unique opportunity for renters and hosts to take advantage of Airbnb-friendly apartments to help weather the economy, especially the housing market, according to Coleman and Jesse Stein, the Airbnb global head of real estate.
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