Or is the story more complicated?
In this clip, Dale Wills challenges one of today's most common narratives about housing.
He explains how housing shortages create a ripple effect across the entire market.
When families can't find affordable homes to buy, they stay in rentals.
That increases demand for larger apartments, which pushes renters into smaller units, placing pressure on every level of the market.
Eventually, the people with the fewest options are the ones who pay the highest price.
Whether you agree with his perspective or not, it's a thought-provoking discussion on housing affordability, free markets, and the unintended consequences of limiting supply.
If you care about real estate, investing, or economic policy, this is a conversation worth hearing.
Watch the clip.
Listen to the full episode of Capitalist Culture®: https://www.capitalistculture.com/