Mike Simonsen and Lance Lambert discuss the bizarre U.S. housing market where high prices persist despite weak demand. They delve into the lock-in effect, high mortgage spreads, and the role of individual investors. The podcast also examines housing market dynamics in different regions, focusing on the booming Austin market and future outlook.

In this insightful discussion, real estate analyst Lance Lambert, former editor at Fortune and co-founder of ResiClub, addresses the shifting dynamics of the housing market as prices stagnate. He delves into the implications of soaring mortgage rates and the unique pressures facing homeowners. Notably, Lance examines the effects of labor market fluctuations on affordability and how demographic trends are reshaping demand. He also illuminates the challenges posed by dwindling undocumented labor in construction and its broader economic impact.

Lance Lambert, real estate expert, discusses the 4 reasons for unaffordable housing in the US. Topics include supply-demand imbalance, rising home prices, stagnant income growth, escalating repair costs, and strategies to stimulate home purchases. Also, explores rising home insurance rates and solutions, challenges in housing affordability, and introduces ResiClub as a data-driven platform for the housing market.

Real estate expert Lance Lambert joins to discuss the broken housing market, deteriorating home affordability, key indicators for market trends, and the importance of considering long-term sustainability. The podcast also explores misleading practices in the real estate industry, a recent legal ruling against the National Association of Realtors, and sponsor ads.

Lance Lambert, Resi Club's expert, discusses the unconventional housing market, regional variations in the housing market, affordability challenges, differing opinions on housing supply and shortage, factors driving housing prices, and a major court ruling on collusion among realtors.