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Title: 5 Reasons Housing is Expensive | ZFS 39

In this episode Zach walks through the five real reasons housing is so expensive right now and why the usual headlines miss the point. He talks about Jerome Powell and rates, BlackRock and private equity, builders and profit, boomers holding assets, and the split between people who have assets and people who do not. If you are trying to understand why buying a home feels impossible and what is actually broken in the system, this episode gives you a clear, honest breakdown in plain language.

Talking points Zach covers:

• Why blaming only rates is lazy and incomplete
• What Jerome Powell and the Fed can and cannot actually fix
• How low rates in 2020 and 2021 pushed prices up fast
• Why lower rates again would mostly push prices even higher
• The truth about BlackRock vs Blackstone and other big investors
• How mom and pop investors and small landlords play a huge role
• Why investor purchases now take about one in three single family homes
• How builders shifted to big expensive homes and chased record profit
• The cost of regulations and land before a single shovel hits dirt
• How zoning rules make it hard to build small and affordable homes
• Why boomers are not selling and what really happens when they die with property
• The massive wealth gap between owners and renters
• How the average home buyer age has climbed into the mid fifties
• What a bifurcated or K shaped economy is and why it matters for housing
• How the top earners keep spending while the bottom struggles with debt and basics
• Why policy and legislation are needed because the market will not fix itself
• Why waiting for a crash or the silver tsunami is not a real plan
• How all five reasons layer together and squeeze first time buyers

All Source Doc - 

https://docs.google.com/document/d/17d0RiOR1s7ktwQpzqKVamktepmuc5aeB4zj70QUEcNE/edit?usp=sharing

Viewable Canva - 

https://www.canva.com/design/DAG4BRa1OLA/GPLbCVOZmRM8Qh0GU3uGOw/view?utm_content=DAG4BRa1OLA&utm_campaign=designshare&utm_medium=link2&utm_source=uniquelinks&utlId=hbc90e020c1