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How Much Do You Need to Make to be Rich? (EP.298)

Animal Spirits Podcast

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Home Ownership Is a Traded Discount to Rents

The difference between home prices and rents got to like 50% in the housing bubble the early 2000s Then it went from 15% in 2020 to 40% now. Cullen's whole thing is basically Housing prices have to come down because affordability so badSomething we've been talking about and he thinks that it just takes. But his question is looking at this chart but Shouldn't home ownership offer some sort of premium to rents? Like why should they grow together?

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