The Housing Crisis in America: How Housing Stopped Functioning as the American Path to Stability and Wealth...A deep-dive investigation into why the American housing market no longer works the way generations were taught it would. This episode traces the crisis from first principles: how years of cheap money pushed home prices onto a much higher base, how a rapid rate shock then froze turnover, why renting stopped functioning as a temporary bridge and became a trap, where investors and institutions really fit into the story, and why the pain feels different in places like Texas, the Carolinas, Florida, and the Midwest. More than a story about expensive homes, this is an examination of what happens when one of the country’s main paths from work to stability, ownership, and middle-class security begins to break down.