This podcast episode explores the rising rents in Providence, Rhode Island, as well as the impact of the lock-in effect on rental home prices. It discusses the challenges faced by big cities in the Northeast due to low construction and high demand, as well as the unintended consequences of the Fed's efforts to combat inflation. The conversation also touches on rent trends in Portland and Austin, highlighting the concept of filtering and the role of construction in rent prices. Overall, the episode emphasizes the housing challenges faced by cities and the need for creative solutions.
