When Gravity Broke: Why the Housing Market Stopped Making Sense

For decades, the housing market followed a simple rule: when prices rose too fast, higher interest rates would bring them back down. But what happens when that rule stops working?In this episode, we break down the “great decoupling” in housing—where traditional economic tools like interest rates appear to have lost their power. Drawing on recent research, we explore how supply bottlenecks, rising inequality, and structural shifts have transformed housing from an income-based system into one driven by wealth.From the growing deposit gap to the rise of after-housing poverty, this is a deep dive into why the old rules no longer apply—and what that means for anyone trying to buy, rent, or simply stay housed in today’s market.