In this episode of The Land Development Podcast, Ryan Glick and Charles Covey sit down to discuss the latest shifts happening across the housing and development industry. They kick things off with a breakdown of recent interest rate changes and what the Fed’s cautious tone really means for mortgage rates and cap rates. Using historical graphs, they highlight how mortgage rates don’t always move in sync with rate cuts, and why that matters.
Next, they dig into the changing demographics of home buyers. With fewer household formations and more Americans renting or staying in multi-generational homes, Charles and Ryan explore how the American dream of homeownership may be shifting permanently. They discuss whether we’ve already passed the peak of U.S. homeownership and why that might not be temporary.
The discussion then turns toward how builders can respond. With affordability slipping further out of reach, the duo look at how home size and price increases have gone hand-in-hand over the past decades. They also point out how large builders like Lennar are experimenting with smaller lot sizes and lower price points to meet new demand trends.
Finally, the episode covers new residential construction data from the U.S. Census Bureau. Despite a slight uptick in completions, overall permits and housing starts are still trending down.
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.