Baby boomers now own roughly 70% of American homes and property — and politicians are too scared to touch it. Jerremy Alexander Newsome and Dave Conley lay out the thesis for a new series on housing: wages stayed flat while prices and interest rates exploded. Dave says the newest housing law just passed the Senate 85-5 and became law without a presidential signature. It bars investors who own 350+ single-family homes from buying more, but carves out purpose-built rentals — and comes with $200 billion in completely unfunded grants.

Timestamps:

• (00:00) Wages vs. housing costs – the stat that shows they never caught up
• (03:45) Nashville's housing boom – why prices tripled there in six years
• (07:23) The boomer wealth transfer – politicians are too scared to touch it
• (10:02) The new housing law – bans corporate landlords, but $200 billion unfunded

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