US housing affordability just fell back to where it was on the eve of the 2006 crash. Nashville airbnb investors dumping homes at 40 percent losses

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Nashville’s Airbnb downturn is entering a new stage: investor liquidations.

And we’re starting to see listings like this, where an Airbnb owner is trying to sell for $400,000 less than they paid in 2022.

That’s a 40% collapse in just four years.

Even more remarkable, this townhouse is now listed for less than it sold for in 2020.

Meaning the entire pandemic housing boom has been wiped away.

Given how much inventory is now sitting on Nashville’s housing market, this could be a sign of things to come.

Buying a home in this market? Don’t trust the asking price. See what any listing is actually worth:
http://reventure.app/listingtool

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