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Today, Explained

The bonkers housing market

Today, Explained

Vox

Daily News, Politics, News

4.49.5K Ratings

🗓️ 3 May 2021

⏱️ 28 minutes

🧾️ Download transcript

Summary

Is it a bubble? Is it going to pop? Do you need to bid over asking? Has it already sold? Are there any houses left? Will you ever find one? Vox’s Jerusalem Demsas explains. Transcript at vox.com/todayexplained. Learn more about your ad choices. Visit megaphone.fm/adchoices Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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1:04.1

Hello, welcome to the today explained housing market hotline.

1:08.2

The place to share your thoughts and ask questions about the hottest housing market in American history.

1:13.9

Unload after the beep.

1:16.3

Hey, my name is Jordy Collins from Marley North Carolina.

1:20.2

Sacramento California. I'm calling from Baltimore,

1:23.6

a small town in Eastern Washington state called Pullman.

1:26.9

And my wife and I have been trying to buy a house literally anywhere.

1:35.2

Everything is ridiculously overpriced and there's just I don't see how we're going to be

1:40.4

able to buy a house before our lease is up at our current apartment and we have no idea what we're

1:45.9

going to do. I think we've put in probably eight offers on home. There were 12 offers in the house

1:53.2

that we ended up getting and we had to go almost over asking. I have received cold calls from people

...

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