In this engaging discussion, Andra Ghent, a finance professor at the University of Utah and real estate expert, dives into the recent lawsuit shaking up the real estate industry. She explains how brokers have allegedly colluded to keep commission fees inflated and the implications of the $1.8 billion verdict. Ghent also highlights the persistent inefficiencies in the market, the need for more consumer-friendly payment models, and the potential for transformative changes in how real estate transactions are structured.

Professor Andra Ghent from the University of Utah discusses the origins of the 30-year fixed-rate mortgage and its impact on the housing market, including the lock-in effect. The podcast also delves into the FTC's scrutiny of pharmacy benefit managers and shares a travel lesson learned. Could the Danish mortgage model be a solution for the US?