# Are Second Homes The New Shadow Inventory?

Page: https://stenobird.com/podcast/the-real-estate-espresso-podcast-401176/are-second-homes-the-new-shadow-inventory
Text version: https://stenobird.com/podcast/the-real-estate-espresso-podcast-401176/are-second-homes-the-new-shadow-inventory.md
Podcast: [The Real Estate Espresso Podcast](https://stenobird.com/podcast/the-real-estate-espresso-podcast-401176)
Published: 2026-06-03T22:35:55+00:00
Episode link: https://podcasters.spotify.com/pod/show/victorjm/episodes/Are-Second-Homes-The-New-Shadow-Inventory-e3kabco
Audio file: https://anchor.fm/s/1fa61fc/podcast/play/120974168/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-5-3%2F7380863e-d2e7-af60-f2c9-06cbca48c82b.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-real-estate-espresso-podcast-401176/episodes/are-second-homes-the-new-shadow-inventory
Duration seconds: 379

## Resource

On June 4 I'm hosting the second in a monthly webinar series on the use of AI in real estate investing businesses. To register for the webinar, CLICK HERE . It's at 8PM Eastern. Even if you can't make it, register and we will send you the recording. ---------------- There are 6.2 million second homes in the United States. Let that number sink in for a moment. According to NAHB estimates, second homes now account for 4.3% of the nation's entire housing stock. That's not a rounding error. That's a meaningful slice of the market and it's a slice that sits on a very different set of financial foundations than primary residences. Today, I want to explore a scenario that nobody is loudly talking about yet: what happens if even a fraction of those 6.2 million properties hit the market at the same time? Could we see a replay — in slow motion — of the inventory surge that helped collapse prices in 2008? Let me walk you through the mechanics. ----------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 ) iTunes: [The Real Estate Espresso Podcast]( https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613 ) Website: [ www.victorjm.com ]( http://www.victorjm.com ) LinkedIn: [Victor Menasce]( http://www.linkedin.com/in/vmenasce ) YouTube: [The Real Estate Espresso Podcast]( http://www.youtube.com/@victorjmenasce6734 ) Facebook: [ www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso) Email: [ podcast@victorjm.com ](mailto: podcast@victorjm.com ) **Y Street Capital:** Website: [ www.ystreetcapital.com ]( http://www.ystreetcapital.com ) Facebook: [ www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital) Instagram:…

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