💼 Saturday Deep Dive: Wheel Estate

Popularized in the 1920s, what was the original name used for mobile homes?

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TOP REAL ESTATE NEWS

Mighty Mobile Homes (Deep Dive Below 👇): Between 2017 and 2022, the U.S. saw a 77.1% increase in the average sales price of new mobile homes, outpacing the 46.7% rise in site-built, single-family homes. (LendingTree)

Well, There’s Always Hotels: New York City's new regulations for short-term rentals have resulted in the Office of Special Enforcement ruling on 90% of applications. Out of these, 22% were approved, 16% were rejected, and 53% were returned for corrections or more information. Airbnb has criticized the law, which has caused a significant decrease in listings from 22,434 in August 2023 to 3,227 by October 2023, according to AirDNA. (Inman)

We See Your Ban, And Raise You A Council: Airbnb has formed the Airbnb Housing Council, led by Stephanie Rawlings-Blake, to collaborate with housing organizations and experts. The council will advise Airbnb on policies to increase long-term housing supply and balance community needs. Airbnb has partnered with over 1,000 governments and donated $4.4 million to housing advocacy organizations, including a $3 million donation to the San Francisco Foundation. (Airbnb)

Now, let’s move into the wild world of wheel estate…

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