Episode 133: Rate Hike Déjà Vu & "Airbnbust"

The Fed's efforts to curb inflation have continued this week, and that's our first segment on this new episode of Our 2 Cents. Then, Steve and Gabriel are taking a look at some major shifts in the vacation rental industry and wrapping up the show with listener questions.Rate Hike Déjà Vu:What does this latest move by the Fed indicate about the banking industry?What do the continued rising rates mean for consumers?Are there any positive benefits to rising interest rates?"Airbnbust":Vacation rentals are facing new challenges, even as the industry continues to grow.An oversaturated market is hurting individual owners/hosts while short-term rental demand has never been higher.We'll explain what could have caused the run up in costs and the oversupply in the market.Plus, the unique impacts being felt across communities and neighborhoods.Listener Questions: "I just paid my last tuition payment, so my kids are officially off the payroll. Is it safe to cancel my life insurance at this point? - Tom"I'm not retiring for another five years, so I don't feel the need to be ultra-conservative with my money, but my wife keeps insisting that she wants to be more secure. Just how secure do I need to be at this stage?" - Jim