Why Is It So Hard to Buy a House in America Right Now?

Why Is It So Hard to Buy a House in America Right Now?

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Episode
1422 of 1999
Længde
32M
Sprog
Engelsk
Format
Kategori
Fakta

This episode contains strong language.

When Drew Mena and Amena Sengal decided to relocate their young family from New York to Austin, Texas, they figured they’d have no problem.

What they hadn’t realized was that, across the country, home prices — and competition to secure properties — had risen to jaw-dropping levels.

Guest: Francesca Mari, a contributing writer for The New York Times Magazine and a fellow at the think tank New America.

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Background reading:

• Soaring demand, pinched supply, regular buyers acting like speculators … will real estate ever be normal again? For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

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