The US housing market is in a super competitive state, with inventory levels at a historic low and prices continuing to rise. The result of this is that the average American homebuyer can no longer afford to purchase a home. Ken breaks down the reasons and potential consequences of this situation and how investors can start to think about solutions.
⚡️📘 Chapters 0:00 Introduction 0:32 Monthly Supply of Housing in the US 1:09 Housing Inventory - Active Listings US 1:40 Gap between Supply and New Household Formation 2:54 Housing Shortage - Causes, Effects, Solutions 4:42 Political Pressure for Rent Control 6:19 Rent Control by State