American Dream Downsized: The Shocking Reality of 'Affordable' New Homes

Exploring the factors affecting decreasing prices in the housing market, the podcast delves into the influx of new homes and economic forces. It discusses the impact of increasing supply of new homes on market dynamics, mortgage rates, and buyer preferences. The analysis of existing home sales and housing supply uncovers how inflation is influencing homeownership costs. It also reveals the shocking reality of 'affordable' new homes that lack basic amenities despite their high prices.