

You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many user’s needs. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month.įor cost savings, you can change your plan at any time online in the “Settings & Account” section. For a full comparison of Standard and Premium Digital, click here.Ĭhange the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Standard Digital includes access to a wealth of global news, analysis and expert opinion.

mCottonbro pexels.During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Mortgage rates are at the highest they’ve been since 2006. In addition to a housing shortage, a major slowdown in new housing construction and exclusionary zoning laws have also contributed to higher housing prices. Thus, rent prices are skyrocketing across major cities. The theory behind the “ AirBnb Effect” comes as hosts convert long-term rentals that could house local residents and families to short-term rentals for visitors, thus decreasing an already short supply of housing.

Unfortunately, the short-term rental industry causing a housing shortage both in the U.S. High yields or the ability to have a vacation home paid for by others does make it an attractive investment. In 2020, vacation home purchases exceeded the growth of existing-home sales by 44% from the year prior. Growing demand for vacation rentals as investments, coupled with a pandemic, spurred a vacation buying boom in 2021.

AirBnb vacation rentals have become an increasingly popular investment.
