Latest / The Competent Investor
Melody Wright: America's Affordability Crisis is Building into a Crash in 2026
Tom welcomes Melody Wright, a housing analyst and strategist to the show. Melody describes the U.S. housing market as entering its fourth year of a "frozen" state, with combined annual sales volumes comparable to 2008 levels despite a 20% population increase. National statistics mask significant regional disparities: home prices are declining in the South and West, while the Northeast and Midwest are beginning to weaken. This stagnation stems from a severe affordability crisis, where median home prices far exceed the sustainable benchmark of three times household median income, inflated by…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.