Airbnb Inc. is under the microscope. New York City enacted what Airbnb terms a “de facto ban” on the short-term rental platform on September 5.
The number of Airbnb short-term listings in New York City, one of the platform’s most lucrative markets, has decreased significantly. And, according to “Rich Dad Poor Dad” author Robert Kiyosaki, a significant change in the real estate landscape is imminent.
In a recent post on X, formerly Twitter, he stated, “Airbnb will lead the real estate market crash.”
Kiyosaki believes that while a crash in real estate values can be devastating for homeowners, it could be an opportunity for prospective buyers.
“If you desire a new residence, happiness is just around the corner. The same applies to rental property,” he wrote. “The best time to get rich is in a crash.”
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If you hold this view, you can acquire a residence or rental property at a discount by waiting for prices to decline. However, Kiyosaki sees a great investment opportunity that is not in real estate.
“Greatest Investment Deal”
In a separate post on X, Kiyosaki wrote, “BIB: Biggest Investment Bargain: Silver is still 50 percent below its all-time high, and solar EVs are driving demand.”
The renowned author has long admired precious metals such as gold and silver, which have served as a store of value for millennia.
Precious metals are a valuable hedge against inflation due to their inherent scarcity, in contrast to fiat money, which can be generated in unlimited quantities by central banks.
As Kiyosaki noted, silver’s distinctive conductive properties play an important role in both the solar and electric vehicle (EV) industries.
