Master Wealth With These Global Real Estate Trends
Short-Term Rentals and the Sharing Economy
The rise of platforms like Airbnb has transformed the rental market. Short-term rentals offer higher yields compared to traditional leasing models. This trend is particularly strong in tourist-heavy cities, where demand for short-term accommodations is high. Investors can capitalize on this by purchasing properties in strategic locations and converting them into vacation rentals. According to Statista, the global vacation rental market is projected to reach $87 billion by 20234.