Airbnb’s business is booming. The popular home-sharing platform reported its highest revenue and profit ever in the third quarter of 2022, due in large part to strong demand and higher daily rates. The surging vacation rental industry has caught the attention of real estate investors and entrepreneurs, who have been amassing large portfolios of short-term…
The article How the Airbnb ‘Gold Rush’ Could Impact the Homebuying Market originally appeared on NerdWallet.