Will Gen Z ever be able to buy a house? Timothy Terrell starts by clearing away the popular explanations—institutional investors buy under two percent of homes, the median first-time buyer is still 33, and a 1950s house was half the size, often without indoor plumbing. Then he turns to the causes that hold up: Federal Reserve inflation inflating home prices while first-time buyers sit on cash, zoning rules that let existing owners vote down new supply, and Dodd-Frank regulations that killed off the small mortgages starter homes depend on.

Recorded at the Mises Institute in Auburn, Alabama, on July 22, 2026.

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