Ken and Danille McErloy, knowledgeable figures in real estate, explore the paradox of housing as both a great investment and an unaffordable necessity. They delve into the forces driving soaring real estate prices, the effects of interest rates, and the challenges faced by homeowners and renters. The discussion highlights the complexities of government policies on housing affordability, the influence of REITs on economic stability, and the realities in different states, especially amidst rising costs and regulatory hurdles.
