Tanya Mosley
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Appearances Over Time
Podcast Appearances
Our guest today is housing expert Ben Keyes. We'll continue our conversation after a short break. I'm Tanya Mosley, and this is Fresh Air.
Our guest today is housing expert Ben Keyes. We'll continue our conversation after a short break. I'm Tanya Mosley, and this is Fresh Air.
You know, there's been lots of reporting lately about what's being called the silver tsunami, that those 55 and older with no children and have these houses with like extra bedrooms could eventually flood the housing market with their homes and help make homes more affordable. What does the data say, though, on that scenario?
You know, there's been lots of reporting lately about what's being called the silver tsunami, that those 55 and older with no children and have these houses with like extra bedrooms could eventually flood the housing market with their homes and help make homes more affordable. What does the data say, though, on that scenario?
You know, there's been lots of reporting lately about what's being called the silver tsunami, that those 55 and older with no children and have these houses with like extra bedrooms could eventually flood the housing market with their homes and help make homes more affordable. What does the data say, though, on that scenario?
making a meaningful impact over the coming years, especially in some of the more expensive markets.
making a meaningful impact over the coming years, especially in some of the more expensive markets.
making a meaningful impact over the coming years, especially in some of the more expensive markets.
I'm really interested in something you mentioned about the Rust Belt and the situation there. In Detroit in particular, we know like 10, 15, 20 years ago, I can't believe it's been that long, but there were all those stories about, oh, you can buy a home for $10,000, $15,000, $20,000. Even families saying, we'll pass down our homes to you. But as you said, if there aren't jobs there...
I'm really interested in something you mentioned about the Rust Belt and the situation there. In Detroit in particular, we know like 10, 15, 20 years ago, I can't believe it's been that long, but there were all those stories about, oh, you can buy a home for $10,000, $15,000, $20,000. Even families saying, we'll pass down our homes to you. But as you said, if there aren't jobs there...
I'm really interested in something you mentioned about the Rust Belt and the situation there. In Detroit in particular, we know like 10, 15, 20 years ago, I can't believe it's been that long, but there were all those stories about, oh, you can buy a home for $10,000, $15,000, $20,000. Even families saying, we'll pass down our homes to you. But as you said, if there aren't jobs there...
that will bring people to those areas that may not have as big of an impact. There were also those stories that like rumors that Chinese investors were coming in and buying blocks and blocks of homes because they were $10,000, $15,000. I'm wondering what's the reality of a place like that today that Detroit has now seen a resurgence. There's growth there.
that will bring people to those areas that may not have as big of an impact. There were also those stories that like rumors that Chinese investors were coming in and buying blocks and blocks of homes because they were $10,000, $15,000. I'm wondering what's the reality of a place like that today that Detroit has now seen a resurgence. There's growth there.
that will bring people to those areas that may not have as big of an impact. There were also those stories that like rumors that Chinese investors were coming in and buying blocks and blocks of homes because they were $10,000, $15,000. I'm wondering what's the reality of a place like that today that Detroit has now seen a resurgence. There's growth there.
The cost of housing is now rising and almost at pace with some other areas. What are you seeing in a place like Detroit?
The cost of housing is now rising and almost at pace with some other areas. What are you seeing in a place like Detroit?
The cost of housing is now rising and almost at pace with some other areas. What are you seeing in a place like Detroit?
You know, I thought it was really interesting when my producer Monique asked you for bright spots. One of the things you said was the market is very bright for boomers who bought a long time ago and have built tremendous wealth through the market. I mean, that doesn't feel very bright for millennials or really anyone else.
You know, I thought it was really interesting when my producer Monique asked you for bright spots. One of the things you said was the market is very bright for boomers who bought a long time ago and have built tremendous wealth through the market. I mean, that doesn't feel very bright for millennials or really anyone else.
You know, I thought it was really interesting when my producer Monique asked you for bright spots. One of the things you said was the market is very bright for boomers who bought a long time ago and have built tremendous wealth through the market. I mean, that doesn't feel very bright for millennials or really anyone else.