James Rodriguez

Not at all. I do that all the time.

Not at all. I do that all the time.

Not at all. I do that all the time.

Definitely with past generations, and I think especially has this hold on people today when they've seen, especially baby boomers who may have bought homes decades ago and have reaped all the rewards from this really crazy moment in the housing market where prices jumped so substantially during the pandemic.

Definitely with past generations, and I think especially has this hold on people today when they've seen, especially baby boomers who may have bought homes decades ago and have reaped all the rewards from this really crazy moment in the housing market where prices jumped so substantially during the pandemic.

Definitely with past generations, and I think especially has this hold on people today when they've seen, especially baby boomers who may have bought homes decades ago and have reaped all the rewards from this really crazy moment in the housing market where prices jumped so substantially during the pandemic.

If you compare the end of 2019 to the beginning of this year, home prices are up about 50%. So historically, we have seen people invest a lot in their homes. And for some people, it is absolutely true that they have reaped substantial rewards. I think it's important to look closer at that, though, and see that for some people, it has been really perilous.

If you compare the end of 2019 to the beginning of this year, home prices are up about 50%. So historically, we have seen people invest a lot in their homes. And for some people, it is absolutely true that they have reaped substantial rewards. I think it's important to look closer at that, though, and see that for some people, it has been really perilous.

If you compare the end of 2019 to the beginning of this year, home prices are up about 50%. So historically, we have seen people invest a lot in their homes. And for some people, it is absolutely true that they have reaped substantial rewards. I think it's important to look closer at that, though, and see that for some people, it has been really perilous.

There have been periods of home price declines. We saw this during the great financial crisis in 2008, when some people were lost all the money that they had put into their homes because of the foreclosure crisis. And so I think it's important to recognize that while that has been true for some people, it hasn't been true for everyone. And it may not be something that's true in the future.

There have been periods of home price declines. We saw this during the great financial crisis in 2008, when some people were lost all the money that they had put into their homes because of the foreclosure crisis. And so I think it's important to recognize that while that has been true for some people, it hasn't been true for everyone. And it may not be something that's true in the future.

There have been periods of home price declines. We saw this during the great financial crisis in 2008, when some people were lost all the money that they had put into their homes because of the foreclosure crisis. And so I think it's important to recognize that while that has been true for some people, it hasn't been true for everyone. And it may not be something that's true in the future.

I think we just see the affordability aspect. People are stretched so thin budget-wise.

I think we just see the affordability aspect. People are stretched so thin budget-wise.

I think we just see the affordability aspect. People are stretched so thin budget-wise.

Mortgage rates, they went super low during the pandemic. They were at record lows and that allowed people to get in because even if prices were rising, the rate on their loan was so low that you could kind of stomach the monthly payments and make it work. Whereas now we've seen mortgage rates rise to more than double those levels.

Mortgage rates, they went super low during the pandemic. They were at record lows and that allowed people to get in because even if prices were rising, the rate on their loan was so low that you could kind of stomach the monthly payments and make it work. Whereas now we've seen mortgage rates rise to more than double those levels.

Mortgage rates, they went super low during the pandemic. They were at record lows and that allowed people to get in because even if prices were rising, the rate on their loan was so low that you could kind of stomach the monthly payments and make it work. Whereas now we've seen mortgage rates rise to more than double those levels.

And home prices haven't really stopped climbing, especially in areas where there's still not a lot of homes on the market. There's uncertainty around just the future of the economy. Interest rates are up. So all of that together really makes it hard to see a future in which people who are already stretched thin renting, how do you save up money for a down payment?

And home prices haven't really stopped climbing, especially in areas where there's still not a lot of homes on the market. There's uncertainty around just the future of the economy. Interest rates are up. So all of that together really makes it hard to see a future in which people who are already stretched thin renting, how do you save up money for a down payment?