Foreign Investment and the Housing Crisis
Stuff They Don't Want You To Know
iHeartPodcasts
4.2 • 11K Ratings
🗓️ 18 November 2020
⏱️ 87 minutes
🧾️ Download transcript
Summary
In cities across Canada, the US and other parts of the world, the cost of living continues to rise -- and housing becomes increasingly unaffordable. Rental rates outpace inflation. Owning a home becomes virtually impossible for millions. Economists have debated the usual causes of this crisis for years... but it appears there's a variable many people haven't considered, something a little stranger than domestic supply and demand. Investors from across the planet are pouring money into real estate, not for a home, but as a safe haven for storing cash. Tune in to learn more.
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Transcript
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| 0:00.0 | Did you know Lance Bass is a Russian-trained astronaut? |
| 0:03.6 | That he went through training in a secret facility outside Moscow, |
| 0:07.8 | hoping to become the youngest person to go to space? |
| 0:11.1 | Well, I ought to know, because I'm Lance Bass. |
| 0:15.4 | And I'm hosting a new podcast that tells my crazy story |
| 0:18.4 | and an even crazier story about a Russian astronaut |
| 0:21.8 | who found himself stuck in space with no country to bring him down. |
| 0:26.5 | With the Soviet Union collapsing around him, |
| 0:29.1 | he orbited the Earth for 313 days that changed the world. |
| 0:34.5 | Listen to the last Soviet on the I Heart Radio app, Apple podcasts, |
| 0:38.8 | or wherever you get your podcasts. |
| 0:41.3 | AlphaBet Boys is a new podcast series that goes inside undercover investigations. |
| 0:46.4 | In the first season, we're diving into an FBI investigation of the 2020 protests. |
| 0:51.7 | It involves a cigar-smoking mystery man who drives a silver hers. |
| 0:55.4 | And in a savage horse with a lot of guns. |
| 0:57.2 | But our federal agents catching bad guys or creating them. |
| 1:00.5 | He was just waiting for me to set the date, the time, |
| 1:03.2 | and then for sure he was trying to get it to happen. |
| 1:06.0 | Listen to AlphaBet Boys on the I Heart Radio app, Apple podcasts, or wherever you get your podcasts. |
| 1:11.3 | What's up, y'all? I'm Guillermo Diaz and I played hook on Scandal. |
| 1:15.2 | And I'm Katie Loes, aka Quinn Perkins. |
| 1:18.0 | And we're the hosts of unpacking the toolbox, |
... |
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