Building the Bottlenecks: The Impact of Homebuilder Consolidation (with Steven Xiao and Zheng Liu)

Why is it so expensive to build a house in America? That's a question economists, politicians and pundits have argued at length about, but can't agree on. In today's episode of Second Request, executive editor Teddy Downey sits down with Steven Xiao, Associate Professor of Finance at the University of Texas at Dallas Naveen Jindal School of Management and Ph.D candidate Zheng Liu for a robust discussion about how concentration in the homebuilding sector has led to increased costs and prices. To learn more about The Capitol Forum click here.