Why Are Homes Pricey in the U.S. and Abroad?

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 11 July 2022

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The home affordability crisis isn’t just an issue in the United States. This episode, Sean hosts a roundtable discussion with Nerds from Canada, the U.K. and the U.S. to explore what is driving up home prices in each country — and what consumers can do about it. Our countries might have more in common than you think. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Also, we are running a book sweepstakes ahead of our next Book Club episode. In August, we're talking with Emily Maloney, author of "Cost of Living," a series of essays based on her own experiences about the cost of health care and medical debt. To enter for a chance to win our book giveaway, send an email to [email protected] with the subject: “Book Sweepstakes” during the Sweepstakes Period. Entries must be received by 11:59 p.m. PDT on July 20. Include the following information: your first and last name, email address, ZIP code and phone number. For more information, please visit our official sweepstakes rules page. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:25.3	Prime Video.
0:27.1	Click or tap the banner to find out more.
0:33.6	Welcome to the NerdWallet Smart Money Podcast, where we answer your personal finance questions and help you feel a little smarter about what you do with your money. I'm Sean Piles.
0:42.7	This episode, we are digging into home affordability at an international level. I think a lot of folks might be surprised to learn that NerdWallet is actually an international company. We provide personal finance advice to folks in Canada, the UK, and the
0:55.6	US. And while each country has its own way of managing finances, there are some common
1:00.8	threats from one country to the other, especially when it comes to home affordability and the
1:05.1	challenges that prospective home buyers would face. So this episode, I'm hosting a roundtable discussion
1:10.0	with Clay Jarvis from
1:11.1	NerdWallet Canada, Brianne from NerdWallet UK, and Kate Wood from NerdWallet US to discuss
1:16.5	what is driving the affordability crisis in their countries and what consumers can do to overcome
1:21.1	the challenges and land a home. Welcome to Smart Money, everyone. Thank you. Thanks. Hey, it's great to be here.
1:27.5	Can each of you share a little bit about yourself, maybe where you live, your area of
1:31.8	expertise and one thing that you really nerd out about?
1:34.9	Hello, I'm Brianne.
	...

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