Latest / Solving America's Problems
House Always Wins: How the American Dream Got Rigged (Full)
The top 400 richest families in America pay about 2% in taxes while everyone else pays 20 to 26%. Jerremy Alexander Newsome and Dave Conley kick off a new series on housing, laying out why the American dream of homeownership is structurally rigged — flat wages, boomers holding 70% of property, and a tax code built as welfare for the top 20%. They trace housing booms back to the 1920s and post-WWII Levittowns, then debate renting versus owning, closing with international fixes from Tokyo, Vienna, and Austin.
Timestamps:
(00:00) The thesis – wages never caught up to housing costs
(10:02) The…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.