People Will Not Move Back to the Cities: Roschelle

Mitchell Rochelle discusses the current real estate market, focusing on affordability issues, suburban migration due to school openings, and the impact of the pandemic. He highlights the challenges in Florida's market, with high demand and price increases, and compares it to more affordable areas like Peoria. The conversation also touches on business migration trends and the appeal of urban areas, despite the shift to remote work. Finally, the discussion critiques political awareness of real estate costs, emphasizing the disconnect between officials and market realities.

What is the significance of the 'white picket fence' in the context of American housing dreams?

What trends are emerging in the housing market according to the discussion?

How do elected officials perceive the challenges of housing affordability?