E74: Greenland Valuation & Schizophrenic U.S. Housing Market

What once sounded like a joke is now a serious conversation: the U.S. purchasing Greenland. Mark and Jeff unpack how the idea moved from far-fetched to plausible, including a surprising "land comp" offered by Putin, plus another unconventional comparison they dig up themselves. The conversation then turns to a housing market sending mixed signals. Jeff diagnoses the market with "schizophrenia" as NAR reports a sharp drop in pending home sales, while friend of the pod and mortgage broker John Downs reports more lending interest in the first two weeks of 2026 than in all of Q1 2025. So which data matters? What's the market really telling us?