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Recode Daily

The housing boom, but for renters

Recode Daily

Recode

Society & Culture, Science, Technology

4.61.3K Ratings

🗓️ 10 May 2021

⏱️ 11 minutes

🧾️ Download transcript

Summary

America’s high-flying housing market might mean you’ll be renting forever — or, at least, for quite some time. Housing prices have soared during the pandemic as people have rushed to buy homes to escape cities and secure space for themselves and their families. Big companies have scooped up houses as well, sometimes outcompeting would-be homebuyers. As a result, more people may be pushed toward rentals because they can’t find or afford houses to buy. Recode’s Rani Molla explains whether the housing boom is turning America into a nation of renters. Learn more: Read Rani’s story on how soaring home prices are pushing people into the rental market here. Find Vox’s explainer about North America’s lumber mania here. Enjoyed this episode? Find more episodes of Tell Me More in the Vox Quick Hits feed! Don’t forget! Rate Recode Daily ⭐⭐⭐⭐⭐ and leave a review on Apple Podcasts. What do you want to learn about on Recode Daily? Send your requests and questions to recodedaily@recode.net. We read every email! Subscribe for free. Be the first to hear the next episode of Recode Daily by subscribing in your favorite podcast app. Learn more about your ad choices. Visit megaphone.fm/adchoices Support Recode Daily 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

This episode is brought to you by Kraken.

0:03.0

Crypto is like the financial system, but different.

0:06.0

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0:08.0

what you look like, your credit score,

0:10.0

or your outrageous food delivery habits.

0:13.0

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0:15.0

everywhere, all the time.

0:17.0

Visit Kraken.com, slash,

0:19.0

see what crypto can be,

0:21.0

to learn more.

0:22.0

Don't invest in as it prepared to lose all the money you invest.

0:25.0

This is a high-risk investment,

0:27.0

and you should not expect to be protected if something goes wrong.

0:29.0

Hey, everybody, Teddy Schleifer here.

0:31.0

Today, we are bringing you an episode

0:33.0

from another Vox podcast.

0:35.0

It's called Tell Me More,

0:37.0

and it's a short form of politics show

0:40.0

over in the Vox Quick Hits feed.

0:42.0

On the show, Riko reporter Roni Mola

0:44.0

is talking about a piece of hers

0:46.0

about the housing boom,

...

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