In this episode of CrossPolitic, hosts Gabe Knox and Toby sit down with real estate experts Jordan Clemans and Chris Carpenter from Story Real Estate to tackle the harsh realities of today's housing market. With interest rates at 6.5%, median home prices around $400,000 nationwide, and the average first-time homebuyer now 38 years old (compared to 22 in the 1950s), the American dream of homeownership feels increasingly out of reach. The guys break down how government intervention, Federal Reserve policies, and inflated expectations have created a perfect storm that's pricing out an entire generation.

But it's not all doom and gloom. Jordan and Chris present a practical three-step framework for building generational wealth through real estate. The conversation also dives into Moscow's local housing challenges, the failure of government "affordable housing" solutions, and why community-based approaches work better than top-down bureaucratic fixes.

Check out the Story Real Estate website here: https://www.storyrealestate.com

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