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Everyone says it’s the interest rates—but that’s not the real reason Americans can’t afford homes.
In this episode of Watchdog on Wall Street, Chris dismantles the conventional wisdom surrounding the housing crisis. While the media blames mortgage rates, institutional and small-time investors are quietly snapping up inventory—and middle-class families are getting priced out.
We break down:
- Why lowering interest rates won’t solve the affordability crisis
- How property taxes and insurance are crushing would-be buyers
- Why you never truly “own” your home in America
- What Ron DeSantis is trying in Florida—and why it matters
- How Europe’s tax structure gives homeowners long-term freedom
If we want to fix the housing market, it starts with a bold question: Should we abolish property taxes?