Sternlicht: People Are Renting, Not Buying Homes

The video discusses the US rental market, highlighting a decrease in homeownership and an increase in renting due to demographic changes. It examines the impact of Airbnb on the rental market, noting that many units were already available before Airbnb's rise. The conversation shifts to Donald Trump, discussing his influence on real estate and politics, with mixed opinions on his statements and actions.

Discuss the impact of Airbnb and similar services on the traditional rental market.

What are the implications of the current real estate trends for future investments?