The Next Housing Crisis
What Next | Daily News and Analysis
Slate Podcasts
4.3 • 2.4K Ratings
🗓️ 22 August 2019
⏱️ 20 minutes
🧾️ Download transcript
Summary
Henry Grabar fills in as host, surveying how the Democratic presidential candidates would try to fix the housing affordability crisis. What kinds of local policies have given rise to the crisis in the first place?
Guest: Jenny Schuetz, a fellow at Brookings.
Related: Watch Elizabeth Warren explain her plan to boost homeownership among black and brown families.
Podcast production by Sam Lee with help from Danielle Hewitt.
Slate Plus members get bonus segments and ad-free podcast feeds. Sign up now.
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | In terms of affordable housing, we have a major, major crisis, not just in California, but in fact, all over this country. |
| 0:16.5 | And we are not going to solve that crisis unless we talk about that crisis, and unless we come up with some very specific ideas as to how in the wealthiest country in the history of the world, we end the absurdity of a half a million Americans being homeless and so many people |
| 0:40.9 | spending 40, 50, 60 percent of their limited incomes in housing. That's what today is about. |
| 0:50.1 | That's Bernie Sanders, during a California town hall last month to discuss affordable housing. |
| 0:55.5 | It seems like a natural fit for the socialist. |
| 0:58.2 | He's recently spoken about the stability that a rent-controlled apartment in Brooklyn gave him as a kid. |
| 1:03.0 | But Bernie's actually a little late on this issue. |
| 1:05.1 | If you lived in that house, the federal government will subsidize a mortgage for you. |
| 1:12.8 | But if you lived in that house, the federal government will subsidize a mortgage for you. But if you lived in that house, |
| 1:19.0 | the federal government discriminated against you and made it almost impossible for many of these people to be able to get mortgages. That is a part of our American legacy that we need to address |
| 1:24.3 | head on. And we can't just pretend it didn't happen because it continues |
| 1:28.5 | to have effects today. That, of course, is Senator Elizabeth Warren, in the spot from June, |
| 1:35.0 | introducing a plan to help minorities become homeowners. You can't have to see it. We'll put a link in |
| 1:39.9 | the show page, but Warren is standing in front of this long, brightly painted concrete wall |
| 1:44.0 | in a |
| 1:44.5 | residential neighborhood of Detroit. Developers of a white subdivision built the half-mile wall in |
| 1:49.4 | 1941. They wanted to assure the feds that the development would keep black neighbors out. |
| 1:55.6 | It's a monument to racism in Detroit, but it's also a reminder of the enormous role that |
| 2:00.1 | Washington has played in designing the market for housing. |
| 2:03.2 | Housing is the key to social mobility, wealth, and personal well-being. |
| 2:08.8 | Are you ready to explain the housing crisis? |
| 2:13.2 | Always. In 30 minutes or less, right? |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Slate Podcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Slate Podcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.