Shocking Reason For Skyrocketing Housing Prices

A New York Times opinion piece shows the stats behind the shocking, and sad, factors causing skyrocketing housing costs. John Iadarola and Ana Kasparian discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET.

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“When Covid-19 first hit, those of us in the real estate industry predicted a collapse of the housing market. In just the first two months of the pandemic, 22.4 million Americans lost their jobs, while gross domestic product fell at the fastest rate in modern history in the second quarter. Instead, what unfolded was a transformation of the housing market, fueled by what I call “migration mania.””

Hosts: John Iadarola, Ana Kasparian

Cast: John Iadarola, Ana Kasparian

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