00:00In 2008, a small company by the name of Air Bed and Breakfast started in beautiful San Francisco
00:06and within a couple short years, Airbnb grew to be the biggest and most recognized name in short-term rentals
00:13across the globe, associated with traveling and vacationing everywhere.
00:17But with many cities depending on certain aspects of their tourism and having decades-long relationships
00:23with their biggest hotels, Airbnb faces laws and regulations that make it harder for people to own
00:29or rent out their rooms. For example, NPR reports that the new New York City regulations will restrict
00:36travel options outside popular tourism areas and hurt small businesses throughout the city.
00:42But according to Insider, there are still some hidden gem cities where revenue is on the rise,
00:48houses are still affordable, and people seem to be heading for short vacations,
00:53like Fairbanks, Alaska, Williamstown, Kentucky, or Rockford, Illinois.
00:57After being forced to stay close during the pandemic, people are looking to travel farther away,
01:03and looking into these small untapped towns for investment is like peeking into a cave
01:08and discovering a gold mine. But don't take my word for it.
01:12If you're looking to Airbnb for income, do the research. You won't regret it.
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