Geoff Brown is the President and CEO of USA Properties, one of the largest developers and owners of low-income housing in the United States.
In this episode we talk:
- Why home prices have skyrocketed and what happens next
- Whether increasingly high housing prices are sustainable given flat or negative income growth
- How incoming inflation and potentially rising interest rates will impact housing
- The political factors that help explain California's unaffordable housing market
- Whether making all housing affordable conflicts with the interests of the government subsidized affordable housing industry
- Why being middle class in the state of California has become a bad deal
I really enjoyed this episode with Geoff and I hope you do too!