The Government Covered Up 15 Million Layoffs Since 2020 Lockdown and the Slow Death of AirBNB (Video)
This is a 23 March 2025 video with host Travis Spencer and guest Mitch Vexler.
The labor force participation rate is the percentage of the civilian noninstitutional population that is either employed or actively seeking work, and it’s a key indicator of economic health. This rate is calculated by dividing the labor force (the sum of employed and unemployed individuals) by the civilian noninstitutional population (the population aged 16 and older who are not in the military or incarcerated) and then multiplying by 100. It provides insight into the state of the economy by showing how many people are actively participating in the workforce. The labor force participation rate has shown a steady decline since 1990.
Overall, the number of Airbnb listings has fallen in the past couple of years as the company has been forced to pull many from the market. Another important phenomenon is city laws specifically banning or limiting Airbnb rentals to help keep local housing and rental prices under control. Dozens of cities worldwide have passed these restrictions, with more on the way. In New York, renting a home as a holiday Airbnb is illegal. In Berlin, Airbnbs need approval from the Berlin Senate first. In San Francisco, hosts must register with the city and be full-time residents of the house. Santa Monica makes them sign up for a business license and actively live in the home while it is being rented. Honolulu and New Orleans simply don’t allow any rentals for less than 30 days, which tends to eliminate most Airbnb use.
https://youtu.be/X2WpaRbb_hs
0:00 – Intro
2:16 – The Truth About the Labor Market
8:05 – Why are they doing this and what happens in 2025?
12:10 – The Death of AirBNB
15:34 – Is AirBNB a good investment in 2025?
22:02 – School Bond Fraud and Over Valuation
25:00 – Property Tax Battle Update
26:50 – Closing