Housing Price Surge Isn't Sustainable, Waypoint CEO Says

Scott Lawler, CEO of Waypoint, discusses the impact of rising mortgage rates on the housing market, particularly in the Southern U.S. He explains how these rates affect home buying and rental demand, noting the unsustainable nature of recent home price appreciation. Lawler highlights challenges in the construction market, including cost increases and supply chain issues, and discusses hedging strategies against rising costs and interest rates. He also addresses labor market difficulties in finding skilled workers, emphasizing the cyclical nature of these challenges.

How have building costs changed over the past two years, and what implications does this have for the industry?

What is Scott Lawler's perspective on the sustainability of current cost increases in the housing market?

In what ways has the labor market changed for construction workers in recent months?