There’s no denying the housing market has been a little wild lately — home prices are soaring in many parts of the country, and the competition among buyers has people going to some pretty extreme lengths. The last time we saw such a frenzy in the housing market, about 15 years ago, it ended in a crash. Now, it’s hard not to wonder whether the US economy is headed in the same direction, and whether skyrocketing prices will soon come back down to earth. Vox policy reporter Jerusalem Demsas explains whether America is seeing yet another housing bubble, and how to solve the problem.

Learn More: 

Read Jerusalem’s story on housing here. 

And Emily wrote about the crazy prices of lumber. We made an episode about it, too! 

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Tell Me More is hosted by Emily Stewart and produced by Sofi LaLonde.

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