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Why Millennial should invest in Airbnb
Uncomfortable investments
Millennials are facing a crossroads as the world around them shrunk due to COVID-19 sweeping changes to global economy. The hospitality industry is still bleeding from the loss in occupanacy and to a greater extend tourism. We all know recovery will kick into gear as the vaccines are administered to global populations 8–14 months out. Millennials often face the highest burden of debts incurred from school, lack of credit cards management and socially influenced lifestyle beyond their means. There is no easy means for them to eradicate these debt unless a sudden influx of cash fall on their laps without clauses.
Additionally, the goverment secretlty capitalize the most taxes from millennials compare to generation X or piror. It makes sense the younger the generation the greater the fitness to earn income compared to older population that possess a higher likelihood be impacted by severe health complications.
It is with this perspectives that millennials needs to use their greatest strength of youth, agility, flexibility and dynamism to built short term equity. In many markets apartments, condo and housing prices are low and banks are offering lowest mortgage interest rate of all time. Millennials of all credits spectrum can quality for a mortage and lock in a favorable interest rate before the global economic normalcy shifts. All the millennials should actively pursue the pre-approval mortgage banks and investing in Airbnb spaces. There are fortunes to be make in just…