2 MILLION VACATION RENTALS ( For Sale) About To Flood The Market

[Exp]

A realtor friend sent this to me, otherwise I might've seen the title and thought "BS" and not have watched.

Some major markets should have great housing deals coming up!

The YouTube posting is only 1 day old, however, the content might have been assembled before the Canadian and EU tourism boycott of the U.S. became public info.

It's interesting.

[cab67]

1. any time someone says "these are facts the elites don't want you to know..."

...my bullshit detector goes off.

It is interesting, though.

[jmbar2]

2. Craigslist - recruiting "property preservation" contractors for Brookstone Mgmt Equity

I read the ads for my area every day and this is the first time I've seen ads like this. Something big is afoot.

Our company, Brookstone Management, has been in business for 20 years. We are a national company performing services for multiple national clients. We are looking for reliable contractors to perform inspections, property preservation, pre-foreclosure, and REO work in the entire state of Oregon! We are recruiting contractors familiar with FHA guidelines and have the capabilities to perform the services listed below. When responding to this advertisement, include your email address, phone number, contact name, and company name.

Services to include but not limited to:

· Winterizations
· Debris Removal
· Initial Securing and Lock Changes
· Snow Removal
· Lawn Maintenance and Landscaping
· Prepare Bids and Reports
· Minor Repairs
· Preservation – Pruvan mobile app
· Inspections – InspectorADE/EZ Inspections mobile apps
· Evictions
· Must carry HUD keys

https://oregoncoast.craigslist.org/lab/d/coos-bay-preservation-vendors-for-bank/7836577246.html

[Exp]

3. Lock changes, evictions, REO work.. sounds like Brookstone is counting on a number of foreclosures..

But as usual, we'll find out.

[jmbar2]

4. Same ads are appearing all over the US!

[bucolic_frolic]

5. It's broad trends, and supports the idea that 2026 will be one horrendous year

The major homebuilders have been discounting their McMansion inventories for a good 6-9 months already.

Stock markets expected to hold up well until later this year, when the Fed cuts interest rates which is a major signal of recession. Adding a housing collapse of this magnitude would give it some downward velocity.

Federal layoffs already impacting job markets. Federal and state employment centers already geared up to the Federal demographic.

Would be just rewards if 2026's elections are shaped by Trump's stagflation, unemployment, and a housing collapse. Democrats need to prepare and make hay.

[jmbar2]

6. What worries me is further monopolization over housing by private equity firms

Especially "affordable" housing complexes constructed with LIHTC funds. As their maturity dates come up, they get bought by private equity and rents raised above affordable levels for lower-income folks.

In a better world, I'd like to see state or federal government buy up these properties to preserve affordable housing. It would be much cheaper than building new affordable housing, or dealing with a massive increase in homelessness.

[bucolic_frolic]

7. There is a fledgling "community housing" movement in a few locales

Usually with local or county government mixed with private funding. They might buy to rehab, buy historic, buy foreclosure to bank community housing stock for low income folks. I think I read there were 2 small cities doing that in PA.

When the price of short-term rentals falls, options will flourish. Banks can't write it all off, people can't afford it all, so government will step in and it won't be federal government with Trump in power and ideologically opposed to anything that helps people.

[jmbar2]

8. I hope we can have sane goverment in place to go after that housing as it hits the market.

You are absolutely correct. A housing crash could present great opportunities to invest in affordable housing for the long-term if we have smart government in place.

Jeff Merkeley is my senator and preventing private equity domination over housing is a big issue for him. I've written to him about it.