Today my Airbnb stock shot up 13% in value because Airbnb bookings worldwide were much higher than expected in the last quarter of 2022.The issue with hosts not getting expected bookings must have to do with an over saturated supply. 

Just being around more highly qualified investors and folks that have done it, so narrowing down a massive group to smaller groups to have quarterly/monthly calls with but then can help provide feedback on realtors, property management companies in areas your looking to invest. 

However at least for us we are not selling to first time buyers and out of the first 5 pre sales I have this quarter 3 are all cash so there is that.

The announcement today was that the economy actual had negative growth this last quarter which means we are heading into a recession.

Maybe not to that extent, and yes, every geographic region is different, but assets today are generally overinflated including RE values and the effect of interest rate hikes on demand is going to take several months/quarters to see it's impact before we start seeing less speculative property types begin to stabilize/decline in value.As to the question about why I didn't buy in 2018.

So if there are 12 solid comps that sold via the MLS, in the same subdivision, within a quarter mile of the subject property, over the last 6-12 months - we might look at comps 3-7 as serious contenders (instead of 1-4). 

So while they still have the inventory, they just acknowledged that the model is struggling (may have some of that anticipated future earnings and optimism already baked into the stock price) and they won't be able to sell homes in the anticipated timeframe, so short term quarterly earnings may be less.There are some other big players listed on the stock market like American Homes 4 Rent, amongst a few others   They have something like 53,000 single family home buy and hold homes.

If it is toward the end of the quarter when loss sheets are due, it will affect their decision.

I'll keep the same mailing list for a quarter and then change it.

I do a drive-around once a quarter and a walkthrough once a year.