In Lanar's last quarter, their average home price was $456,000. That is not affordable to most renters. So what it means is that the cost of single family housing is staying high and people who typically would graduate from being in a rental property to being in a single family home can't make the jump.
Meta has our attention but will we follow Mark Zuckerberg into the metaverse?
(00:21) Asit Sharma and Deidre Woollard discuss: - Meta’s soaring ad impressions amid a tough advertising market. - If Mark Zuckerberg will need to choose between AI and the metaverse. - How Chipotle is using robots to boost efficiency.
(19:45) Matt Frankel interviews Walker & Dunlop CEO Willy Walker on commercial real estate debt and the challenges facing multifamily housing development.
Companies discussed: META, CMG, SBUX, WD
Host: Deidre Woollard Guests: Asit Sharma, Matt Frankel, Willy Walker Producer: Ricky Mulvey Engineers: Dan Boyd
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