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Chicks on The Right - Conservative Politics & Culture Commentary

Why The Housing Crisis Is Worse Than You Think

Chicks on The Right - Conservative Politics & Culture Commentary

Radio America

Society & Culture, News Commentary, News

4.72.5K Ratings

🗓️ 19 July 2026

⏱️ 12 minutes

🧾️ Download transcript

Summary

The Chicks sit down with Zach Abraham of Bulwark Capital Management to explain why the housing market feels completely broken. They break down record-high home prices, crushing mortgage rates, limited inventory, rising rent, government permitting costs, and why first-time buyers are getting older. Zach also explains how inflation, Federal Reserve policy, baby boomer wealth, the stock market, and years of artificially inflated asset prices created today’s affordability crisis—and why a recession may be the only thing capable of finally cooling it down. 
Get answers at Bulwark Capital’s “Market Blind Spot” live webinar July 23rd 3:30pm Pacific. Register for FREE at https://KnowYourRiskPodcast.com

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Transcript

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0:00.0

Welcome to another episode of The Chicks on the Right podcast where we talk to our friend and sponsor of the show, Zach Abraham from Bullwork Capital Management.

0:08.1

And apparently, Zach, not the B.

0:11.1

So, you know, Babylon B is the satire site.

0:13.3

Not the B is the reality site.

0:15.6

And not the B is reporting that the housing market is kind of cray. Like there's this report that shows

0:22.9

that even though home sales have slowed down, the prices have hit another record high and that

0:30.3

the rates are still high for mortgages, inventory is like not so great. First time buyers are getting

0:36.5

older and older and now it's starting to

0:39.1

feel kind of out of reach. Homeownership is starting to feel out of reach for people.

0:43.4

What is happening and what will happen, do you think, throughout the rest of this year, for example?

0:49.8

Throughout the rest of the year, honestly, I don't, I don't, I think it's really hard to project

0:55.1

a whole lot of change in any direction. And, and the reason is, is because you have, people are

1:03.8

still trapped by the low interest rates, right? So meaning as long as people own homes where they're

1:09.6

financed it, you know, I've got an employee here.

1:12.5

Well, hold on.

1:13.2

He was, he's ex-military, so he got the GI Bill.

1:16.0

He got that lower mortgage rate.

1:18.3

But at 2.5, you know, I got to, you know, a lot of other people you know around here at three, three get in a quarter, 275, right?

1:26.9

And I remember those days.

1:29.0

God, there were great days.

1:30.4

They were.

1:32.2

They were.

...

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