U.S Housing: U.S Housing Market Remains Tight for Buyers

This podcast episode discusses the challenges in the US housing market, analyzing the factors driving the low affordability of housing, the undersupply of housing, and the structure of US mortgages. It examines how the unique features of the US mortgage market contribute to the bifurcation of the housing narrative, impacting both potential buyers and current homeowners. The episode also explores the effect of the housing market on sectors such as home improvement companies, banks, and the rental market, highlighting the benefits to rentership REITs due to the increased demand for rental properties. Lastly, it discusses the state of affordability in the United States and the outlook for home prices.