World Cup Host Cities: Real Estate Gold Rush
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
World Cup Host Cities: A Real Estate Gold Rush - Property owners near World Cup host cities, including New Jersey, are cashing in by renting out their places during the tournament. Luxury spots are expected to pull in $240,000 over five weeks, tripling normal rates. Demand is surging across host cities in the US, Mexico, and Canada, with millions of visitors expected. Airbnb is offering up to $750 for new hosts, while hotel prices could jump 300% around opening games. Homeowners are ditching their pads for the payday, leaving fans feeling the squeeze. Short-term rentals in upscale New Jersey suburbs are booking 169% more than last year. Experts predict prices will rise as game day nears, with cheaper options vanishing first. Secondary cities like Dallas, Houston, and Kansas City offer better deals on stays, with searches surging over 230% in some spots.
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