Why Renting in America Is Broken

22.6 million U.S. households now pay more for housing than they can afford, and the average home costs five times what the average family makes. Sam Froerer co-owns thousands of apartment units through Compass Capital — and has never owned his own home. He tells Jerremy Alexander Newsome and Dave Conley that the industry's top 50 owners control less than 11% of it, and most landlords treat tenants as a commodity to evict and replace rather than serve. Chick-fil-A makes three times the revenue of the average McDonald's despite longer wait times, and Sam argues that gap is exactly what his industry ignores: the experience, not the price. Timestamps: (00:00) 22.6 million households – now pay more rent than they can afford (00:28) Every complex, same rating – two stars, no matter where you look (03:34) Never owned a home – the multifamily owner who still rents (10:14) Tenants as a commodity – why the industry treats renters this way (16:24) Can't make rent? – here's what actually happens on the fifth 🌍 Connect with us: Instagram | YouTube | X