A three million dollar condo or a house in san francisco now gives way to a million dollar place in austin. Even if you're a zillionaire, you get addicted to the cost of living in texas or florida. i think it's actually destroyed some of the leverage that big cities have had to raise revenues and solve some social problems. And that's just going to put more pressure on the federal government.
Redfin CEO Glenn Kelman joins to discuss the current U.S. housing situation (05:05), homebuilding rates, San Francisco (23:43), remote work (28:22), generational work-life balance differences (35:24), Redfin's approach to real estate (46:52), regulation, DOJ & MLS (58:33), & more.