In this episode of the Land Development Podcast, host Ryan Glick introduces a new format that will alternate between guest interviews and discussions on current events in the real estate industry. Joining Ryan is Charles Covey, an industry expert who has previously appeared on the show. Together, they dive into some of the most pressing headlines affecting the real estate market today.
First, they explore an article from the National Association of Home Builders about housing affordability. With 66.6 million households unable to afford a $250,000 home, Charles and Ryan discuss the underlying issues, including the rising costs of housing and income disparities. Charles sheds light on how smaller, more affordable homes might be the solution and shares insights from his experience in building affordable rentals.
Next, they turn their attention to a story about Fort Worth’s tallest building being sold for just $12.3 million at foreclosure auction. Charles provides his perspective on why this might be an anomaly and what it could mean for the future of office spaces. They discuss the challenges of converting office buildings into residential spaces and the potential impacts of shifting work patterns post-COVID.
Finally, they dive into an article discussing the potential for 1970s-style stagflation in the current economy. Ryan and Charles examine the factors that could lead to stagflation, its implications for the real estate market, and why today’s economic environment differs from the 1970s. Charles emphasizes the importance of understanding economic trends and how they influence real estate investments.
Ryan sits down with Peter Murphy Lewis to talk about how storytelling can help developers and builders attract better talent and build stronger teams. They break down simple, practical ways to use video and real stories to stand out in today’s labor market.
Keith Miller joins the show to talk about his focus on building attainably priced homes at scale in Montana, why he’s using factory-built housing, and what it really takes to bring new supply to fast-growing markets.
Ryan and Charles break down falling homebuyer demand, a heated TikTok debate on millennial housing choices, a proposed property tax hike in New York City, and what a shrinking U.S. population could mean for developers.