How Short-Term Rentals Are Reshaping Multifamily in 2026

In this episode of The Business of Real Estate with Fexingo, Lucas and Luna dive into the growing trend of short-term rental operators converting apartment buildings into de facto hotels. They explore how cities like Nashville and Austin are seeing entire multifamily properties bought up and leased as Airbnb units, driving up rents and straining housing supply. Lucas shares data from a recent study showing that short-term rentals now account for nearly 8% of all multifamily units in some downtown districts, and discusses the regulatory backlash. Luna challenges whether this is a smart investment play or a bubble waiting to pop. They also touch on the rise of build-to-rent communities designed specifically for short-term leasing. A must-listen for anyone in real estate investing or urban housing policy. #ShortTermRentals #Multifamily #Airbnb #RealEstate #Nashville #Austin #HousingSupply #RentControl #BuildToRent #Investment #Regulation #UrbanHousing #FexingoBusiness #BusinessPodcast #RealEstateInvesting #Hospitality #LandUse #PropertyManagement Keep every episode free: buymeacoffee.com/fexingo