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US Home Construction and Real Estate Investing
The chapter explores the recent rise in US home construction, highlighting the challenges posed by high interest rates in the real estate market. The guest, a CEO of a wealth management firm, shares insights on their focus on real estate investing in the Southeast region, discussing their strategy of renovating older multifamily properties to cater to the demand for affordable housing. The conversation delves into market rate housing targeting middle-income households, trends post-COVID, investment opportunities, supply and demand dynamics, as well as the impact of increasing rates on asset acquisition and business operations.