This is Josh Harrow. It's host of Happy Seg Confused. This week on the podcast we have a very special guest, director, Jordan Peel.

Get out. Us. Nope. Three films. Three thought provoking, visually stunning masterpieces. How does he do it?

Jordan Peel will sit now on Happy Seg Confused. Search for Happy Seg Confused on your podcast app.

Good golly, Miss Molly. It's news. Some more of it to be exact and to be even more exact. Some more news about housing and why it's like hard and rough out there.

Or rather, in here, in my home, which if you've been paying attention is now owned by Katie to whom I owe rent, which she is garnishing from my wages and taunting me by sending me actual garnish in the mail like parsley and stuff.

She's like, care atop, but sinister. Anyway, here is some news. If you live here in the United States of Molly, America, you may be having the same problem.

It is becoming way too expensive just to have a place to live and eat and make love. Rents are through the roof and about 36% of American households are rented.

So that means 36% of households are through this aforementioned roof, which probably has a bunch of leaks in it that someone keeps saying they will get around to fixing.

Things have gotten so bad that many renters have resorted to costly bidding wars just for the privilege of living in Joe's apartment. Remember that film? That came out in 1996.

The same year rent in New York's Upper East Side was averaging at about $1,300 for a studio. Hey, I wonder how much that would cost today.

Meanwhile, people who have saved up money and felt like they were in a position to buy a home are being shut out of the market by sky high home prices and mortgage rates.

Those who have managed to become first time home buyers are statistically older than they have ever been and make up only 26% of home buyers overall, the lowest percentage on record.

And even those first time home buyers are finding new problems once they move in in the form of electrical discharges, flaming ovens, bathtub floor crashes, and Tom Hanks laughing like a seal syndrome.

Oh, dang, remember that film from 1986 where Tom Hanks and Shelley Long by a so-called million dollar mansion for $200,000? Fun fact, the actual $1 million house they filmed that movie in went on sale for $5.9 million back in 2018.

The point is home renting and home buying are both Steven Spielberg presents the money pit situations.

Even as late 2022 soft prices start to finally cool off, this was still a cooling off from record highs.

So it's kind of like being on the cool side of Venus, a chilly heat.

So we're going to take a look at the housing market today. Why costs are so high and what potential solutions there might be to change that?

It's actually a very simple, complex web of interconnected economic forces supply chains, profit incentives, and government regulations.

Gah! Sounds like a blast.

Why is housing so expensive?

I probably don't need to prove that housing is bad now, but here are some numbers.

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