Ben Keyes, a Wharton professor and expert on housing markets, discusses the U.S. housing shortage of approximately 4 million homes. He links the crisis to the 2008 financial meltdown and highlights how climate change exacerbates the situation. Keyes explores soaring prices, interest rates, and innovative solutions, including repurposing federal properties. He also addresses the rising insurance costs tied to climate impacts and demographic shifts affecting homeownership, particularly in risk-prone areas like Florida.