Jack Ryan, CEO of REX, and John Tamny, RealClearMarkets Editor, discuss the recent NAR settlement's implications for the real estate industry, challenging traditional views on homeownership. They explore topics like rental vs. owning, the role of private equity in housing, changes in buying side fees, and the obstacles in reforming the real estate sector. The conversation also touches on government intervention, market players like Zillow, and the evolving landscape of the residential real estate market.

Author Jack Ryan exposes the monopoly-like behavior of real estate institutions in the US, questioning fixed 5.5% fees. Discussion on MLS, Zillow's impact, Rex Homes, and potential market responses to fee changes. Lawsuit against Zillow and NAR for antitrust issues. Analysis of housing market, interest rates, and economy impact of fee reductions.

Jack Ryan, CEO of Rex Homes, discusses disrupting the residential brokerage industry and legal battles with Zillow. He advocates against mandatory homeownership, promotes customer interests, and shares insights on entrepreneurship in real estate.