Best Places to Invest in 2024 With Scott Sage
In this episode, Jamie Lane, Chief Economist at AirDNA, welcomes Scott Sage, the new co-host for the podcast, as they discuss AirDNA’s latest report for the “Best Places To Invest For 2024”.
We dive into Scott's background at AirDNA and his experience in the short-term rental industry, setting the stage for the discussion on these investment opportunities. Scott shares his journey from being an AirDNA customer to leading the marketing and customer experience team. He emphasizes the importance of understanding individual investment criteria and shares his own framework based on affordability, traveler demand, and regulation risk. They touch on the methodology behind the report, sharing insights on various components such as rental demand, revenue growth, investability, and regulation.
This year’s report suggests a potential stabilization of the short term rental market in 2024, following declines in revenues and occupancies over the past years. Jamie and Scott analyze the macro landscape for 2024, exploring housing market trends, interest rates, and short-term rental investment projections. They touch on the challenges faced by the industry in recent years and express optimism about the potential turning point in 2024. The episode also introduces a tool that caters to personalized investment strategies inside the AirDNA App.
Tune in for valuable insights into the evolving landscape of short-term rental investments!
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Best Places To Invest In For 2024
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Connect with Jamie on LinkedIn and Twitter:
LinkedIn: https://www.linkedin.com/in/jamiehlane/
Twitter: https://twitter.com/Jamie_Lane
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LinkedIn: https://www.linkedin.com/company/airdna/
Twitter: https://twitter.com/airdna
TikTok: https://www.tiktok.com/@airdna.co
Instagram: https://instagram.com/airdna.co
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