Oct 6, 2025

Industry News: Government Shutdown, Gen Z Buyers, and Rental Market Lawsuit

In this industry news episode, Ryan Glick and Charles Covey break down the housing impacts of the government shutdown, shifting generational trends in homeownership, and a lawsuit shaking up Zillow and Redfin.

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Episode Overview

In Episode 112 of The Land Development Podcast, Ryan Glick and Charles Covey return with an industry news update. The episode kicks off with the growing impacts of the U.S. government shutdown on housing, from delayed flood insurance policies and halted rural housing loans to slowdowns in permitting and financing. Charles shares his thoughts on how political theater often gets in the way of real progress and why these delays hurt everyday developers and buyers.

Next, Ryan and Charles dive into a new trend: Millennials pulling out of the housing market while Gen Z steps in. They discuss affordability struggles, rising construction costs, and the lasting effects of red tape on housing prices. Charles shares insight on how up to 30% of home costs stem from government delays and approvals. Together, they explore whether America is trending toward a future where homeownership is no longer the norm, like in London or Paris, and what that means for developers.

The conversation also touches on the broader economy, with concerns over AI investments and a widening gap between the wealthy and the middle class. Ryan and Charles reflect on the fading strength of the middle class and why rising prices in everyday services make it feel like the economy isn’t as strong as reported.

Finally, the hosts cover a major lawsuit involving Zillow and Redfin. Five states have sued the companies over an agreement that could limit competition in rental listings. Ryan and Charles weigh the implications for property managers and question whether renters are really benefiting from these kinds of deals.

Guest Details
Charles Covey
Founder & President @ LandVest Development
Resources From Episode

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