Increasingly, wealthy would-be homebuyers are opting to rent in lieu of homeownership, choosing to cough up top dollar for $69,000-a-night Airbnbs and apartments for north of $100,000. But why?
Source: Inman News
Their clients could buy homes. But they rent for $75K a month instead
Published in Aaron Kirman, airbnb, blueground, high-end rentals, Jessica Campbell, Joint Center for Housing Studies, Kimberly Byrum, luxury, luxury lens, Nest Seekers International, Property Portfolio, Rentals and Select
More from Aaron KirmanMore posts in Aaron Kirman »
- Christie’s becomes the 1st US real estate company to launch crypto division: Because currency is ‘here to stay’
- How an agent’s networking landed him Roseanne Barr’s Hawaii listing
- IS Luxury opens in Newport Beach with former Elliman manager
- LA agents implore government to pause ULA Tax in wake of wildfires
- Aaron Kirman: ‘It’s business as usual’ after Compass acquisition
More from airbnbMore posts in airbnb »
- ‘It could have been us’: Houston Realtor shares flood survival story
- Home sweet profit: How vacation rentals fuel local economies
- The good, the bad, the ugly: What to know before you buy an Airbnb
- Spanish court rules against Airbnb, orders shutdown of 66K listings
- Tech, scale and strategy fuel Q1 wins across real estate
More from bluegroundMore posts in blueground »
More from Joint Center for Housing StudiesMore posts in Joint Center for Housing Studies »
- Julie Kheyfets named new CEO of AI renovation company Block
- The housing outlook is good, but affordability is a growing problem
- With home prices slow to fall, would-be buyers are getting squeezed out
- Surge in remodeling should last through next year
- How a downturn could tip the scales against mom-and-pop landlords
More from luxuryMore posts in luxury »
- $1B Florida brokerage and former NFL prospect join Christie’s International Real Estate
- Enduring elegance: Leadership lessons from Giorgio Armani
- Compass just recruited a pair of high-profile Hilton family scions
- Douglas Elliman debuts private listing network for agents
- LA’s so-called ‘mansion’ tax has failed. It’s time to overturn it
More from luxury lensMore posts in luxury lens »
- $1B Florida brokerage and former NFL prospect join Christie’s International Real Estate
- Enduring elegance: Leadership lessons from Giorgio Armani
- Compass just recruited a pair of high-profile Hilton family scions
- Douglas Elliman debuts private listing network for agents
- LA’s so-called ‘mansion’ tax has failed. It’s time to overturn it
More from Nest Seekers InternationalMore posts in Nest Seekers International »
- Inman announces the newest members of the 2025 Golden I Club
- Inman announces the 2025 Golden I Club finalists, celebrating the leaders in luxury real estate
- Nest Seekers International launches art division
- NYC agent, YouTuber charged with attempted murder of police officer
- SoHo broker Keith Copley leaves Eklund | Gomes for Nest Seekers
More from Property PortfolioMore posts in Property Portfolio »
More from RentalsMore posts in Rentals »
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
Be First to Comment