The Rentish Podcast

Seller Strategies for Homes Staying on the Market & Shifting Buyer Behavior: Listener Q&A

Zach and Patrick Season 1 Episode 22

In episode 21, Zach and Pat dive into the latest real estate trends by examining why homes are staying on the market longer than before. Drawing insights from a trending Newsweek article, they discuss how shifting buyer behavior and current market conditions—like higher mortgage rates and affordability challenges—are impacting sellers and buyers alike. Discover practical seller strategies to help your property stand out, and learn where buyers can find new opportunities in today’s changing landscape. Plus, don’t miss our listener Q&A segment, where we answer your top real estate questions!

As we build toward Episode 25 and the next season of The Rent-ish Pod, make sure to follow and subscribe so you never miss the latest real estate trends, tips, and insights. Got a question you want answered on air? Email us at questions@therentishpod.com.

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UNKNOWN:

you

SPEAKER_01:

Hey, everybody. Typically, I'd start this episode off with a lot of energy, but you may have clicked on this episode wondering, why has the logo changed? Why is the title called Superman Review? The answer, The Rentish is dead. We've killed it. This is now a podcast dedicated to movie and television reviews. Welcome. My name is Zach. This is my

SPEAKER_02:

co-host.

SPEAKER_01:

Are you on with that? No, we're not. What's going on, everybody? Welcome to The Rentish Podcast. I'm Zach, and I'm here with my co-host, Patrick. What up? We're your hosts for this podcast. about rental properties and hosted by two guys that work in the real estate industry and sort of know what they're talking about. But

SPEAKER_02:

mostly do not.

SPEAKER_01:

Mostly we do not. I like that. You separated, you took the contraction and you, what's it called when you deceptive? You contract. Decontracted it. I don't know. That sounds like very official. Yeah. Decontracted,

SPEAKER_02:

that word. We're all formal here. We're on the Rentish podcast. Exactly. I feel like we're rebranding. No contractions.

SPEAKER_01:

No contract. I'm not using any contractions throughout the episode. at TheRentishPod. Email questions at TheRentishPod.com. If you want to ask us anything about buildings or movies or movies filmed inside buildings or Superman, sure, ask us questions about that. You can check out some of our past episodes by going to your podcast platform of choice, hitting that subscribe button, hitting that subscribe button, and hitting the notification bell as well so that you're notified of all new episodes that come out. We would greatly appreciate it. Also, on your podcast platform of choice, if you could hit that little five-star review thing Or slide the scale, the happy smile, all the way to the right. We would greatly appreciate that as well. Or leave us a comment if you're enjoying the show. Patrick, I think that's all the plugs I've got to do. How's your day going?

SPEAKER_02:

Yeah, so far so good. So far so good? Yeah. I am seeing Superman later today. I've

SPEAKER_01:

seen it twice. Yes. So we're not a movie. Unfortunately, the producers wouldn't let me kill the podcast so that we could do a movie podcast instead. So instead, they're going to get 30 seconds of Superman talk, which is, I saw it twice. this weekend it's excellent it's really fun I would say check out our last episode probably or one of the episodes that's come out recently by the point that time that you hear this episode we did an interview with with Alyssa who's a historic preservationist and we talked a great deal about the Cincinnati Museum Center and the Union Terminal featured beautifully in Superman I'm excited and let me tell you what they're one of the coolest moments that I'll never forget in as long as I live in seeing movies when It was opening night at Superman, seeing it at the AMC Newport on the river in Cincinnati. And the first shot where the Union Terminal shows up, the whole theater erupted in cheers and applause. That's awesome. And I had chills overtake my entire body. And I was like, I'm happy crying. I'm Superman. And so, yeah, I mean, this movie just, it struck a chord with me. I'm a huge fan of the character. But yeah, I think it's a lot of fun. Very hopeful and optimistic, fun. modern take on the character, and I think people will enjoy

SPEAKER_02:

it. I'm passively sort of eager to see it.

UNKNOWN:

Sure.

SPEAKER_01:

Can't wait. I'm bringing earplugs to the

SPEAKER_02:

office. I'll let you know what I think.

SPEAKER_01:

Alright, Patrick. I'm going to do a galaxy brain move here. I was telling the producer what he was going to say about this. I brewed a cup of coffee, and then I made a cup with ice in it, and I'm about to make iced coffee. That's crazy. Yeah, it's going to be freaking nuts. Why don't you take a moment? We've never done this before while I pour this coffee and undoubtedly make a gigantic mess in the studio.

SPEAKER_02:

Make sure you hold it right over

SPEAKER_01:

your laptop. Right over the laptop, yeah. Why don't you do a brief overview of what listeners can expect on this episode of The Rentish Pod? Yeah. So today... Wow, you actually crushed that. I nailed it,

SPEAKER_02:

y'all. Absolutely nailed it. Cheers. Nice, and you picked a good amount, too. I thought that was going to overflow.

SPEAKER_01:

12 ounces of... motor fuel right to my brain

SPEAKER_02:

but yeah so today on the rentish podcast we're gonna go over uh some sort of article that i definitely read about why why homes are sitting uh is kind of like the general gist of things and we're gonna go over some listener questions so i'm excited to discuss this article that i'm such expertly knowledgeable about

SPEAKER_01:

okay well then let's dive in Why are homes sitting? It sounds like the start of a punchline. It's like, is your refrigerator running? Yeah. Then you better catch it. It's like, why is your house sitting? Because I hired a babysitter. Oh. House sitting? Babysitter? Yeah. Help me out here. There's got to be a funnier joke we can roll with on this one. Why is your house sitting? Why is your house sitting?

SPEAKER_02:

It was tired of standing.

SPEAKER_01:

It was tired of standing up?

SPEAKER_02:

That's not very good either. It's cute. Yeah.

SPEAKER_01:

Ooh, we're going to workshop these jokes on the social media. Comment A or B, which one you like better. Yeah, so why are homes sitting? What it means for buyers? What it means for sellers? Based on the July 12th, 2025 article by Julia Carbonaro. It's a lovely sounding last name. It's a great pasta as well. And this is from Newsweek. Patrick, did you read the Carbonaro article? Yeah,

SPEAKER_02:

I did. Yeah. It was really good. Yeah. What was your

SPEAKER_01:

favorite part?

SPEAKER_02:

My favorite part was the part where... They have a graph, though. It's some sort of graph in the article here. Okay, yeah. It's like a bar graph. I really liked that part.

SPEAKER_01:

Are you a big bar graph guy or a big line graph guy? Where do you land? I like the pie charts. okay all right patrick well it turns out uh well okay so before we get into it then tell me what do you think it means to be why why why home sitting i have a confession to make i didn't read the article oh okay well then do you want to guess what it's about what

SPEAKER_02:

why is your house sitting why is your house sitting so my my just immediate guess is that that that means your house isn't like selling is that what that means it's just kind of sitting on the market. It's not... Or it could also mean it's the price of the house is not... appreciating or it's like, like it's not gaining value over time. My guess is it means one of those two things.

SPEAKER_01:

Okay. Those are two solid guesses. Yeah. Let's do a little bit of digging. Shall we? The U S housing market is in a strange spot right now. Prices are still high, but homes are sitting longer and inventory is rising yet. Buyers are still holding back the result, more unsold homes than we've seen in years and a market that's starting to shift. So basically it was your first thing, whereas houses are going for sale and they're just chilling. Yeah. Jay chilling signs out front of the No one's looking at it. No one's calling. No one's doing whatever. It's just sitting there.

SPEAKER_02:

And this is like a recent, because I know like a couple of years ago, it was just kind of like you put the house on the market,

SPEAKER_01:

flies off. You picked up within the hour. Yeah, right. Yeah. So yeah, I think that a lot of it's due to the shifting in the market. And that's what we're going to kind of talk about here. So there's a few talking points from the article. Again, this is the Newsweek article. Sorry, Julia Carbonaro. Don't want to mispronounce your name, even though it's giving me an idea of what to cook for dinner. The first talking point, inventory is surging nationwide. As of June 2025, unsold homes were up 20% compared to last year. Wow. Yeah. Okay. 20%, which is a high number considering how many people are not actively trying to buy right now. Or like the market, the amount of people that are just like, oh, the market's too prohibitive. I can't get in. I don't want to buy a house right now.

SPEAKER_02:

Right. 20%. So that's interesting. Here, I'll let you continue because I've got some questions. Yeah. Give me them. Oh, Chanel.

SPEAKER_01:

No, give me them. What's your question?

SPEAKER_02:

Okay. So the houses aren't selling which would lead me to believe that because it's been like the seller's market the past couple years yeah it does this mean is this like the start of the market kind of flipping back to like a buyer's market like prices are going to become a little bit more reasonable with more uh possible yeah it's possible okay

SPEAKER_01:

it's possible yeah i mean well at a certain point it's just like anything like if you have too much of something not enough people are buying what do you got to do yeah you got to lower the price you got to lower the price you got to make it more enticing yep uh total housing inventory jumped 28 So yeah, I mean, inventory, there's a lot of houses and it's not being snatched up as quickly. So then what happens? Well, here's the weird part. Prices are still creeping up even with fewer buyers. In fact, the median list price in June,$440,950, which is up 0.2% year over year. So it's a small increase, but it's still an increase. And even 0.2% when a$400,000 house is in question, it's still a fair bit of money. Median sale price hit a record$399,000, which was up a whole 1% year over year. So 20.7% of listings had price cuts, the most for any June since 2016. Okay, wow. Yeah. So that's

SPEAKER_02:

good for buyers. That is good for buyers. It sounds

SPEAKER_01:

like. But the prices are still going up. Yes,

SPEAKER_02:

but they're not accelerating as much, right?

SPEAKER_01:

They're not accelerating as much and there's a higher percentage of price cuts. Yeah. So there might be that kind of like– and this would be cool to get like an expert's opinion here, but like– Maybe they're fishing to see what the highest price they can get would be and then trimming it back down to see where they'll meet in the middle.

SPEAKER_02:

I also wonder because I know there was like there was a point where it's like somebody would list their their house and then there was kind of like an auction like I'll pay this much over and then somebody else you know so I wonder if there's like people just kind of got not greedy but just like oh let's you know let's see how since the market's so bad right now let me see how much I can get on this house that's not actually worth how much I'm listing it.

SPEAKER_01:

Well that was like the joke like not even too long ago like right after I feel like right as the pandemic was starting to cool down, the housing market was absolutely nutter butters. And it was like, people would be like, let's put$500,000 on this 1,000 square foot house and see what happens. It's like, people would buy it. So it's like, I think that, yeah, there is a fair bit amount of fishing to see how crazy can we get still. We want to see if there is the person that's still willing to pay a premium or a luxury price for something that's worth a lot less. Yeah, got it. And that's kind of evening out now, it sounds like. Seems like it. So it's a tale of two markets, south and west. More inventory, longer time on the market, and softening prices. And then there's the northeast and midwest, which is still tight supply and high prices. Even within cities, trends vary by neighborhood and price point. So I think basically that to be summarized is that it's going to be different everywhere. One part of the country is not going to have the same level of price cut as another. You're going to have to look for all these sort of details. Sounds exhausting buying a house, doesn't it? It does. It really does. Producer Musse is shaking his head. Or nodding his head.

SPEAKER_00:

Yeah, it's tough. I mean, it's like, I think it's like similar to dating. Like, it's like something is good here and then you're like, I don't know about this. Or it's kind of like. Buying your car is like, oh, I like this car, but it's too much. I like the dating

SPEAKER_01:

analogy. It's like dating. Sometimes you swipe right,

SPEAKER_00:

sometimes you swipe left. You've got to make sure you have someone that's a good realtor if you're using one. Sometimes you get stood up at an Applebee's.

SPEAKER_01:

Oh, has that happened to you? No. That sounded so real that I was like, I wonder if Patrick's ever been stood up at an Applebee's. You ever been stood up before? I asked her to come watch an Akira Kurosawa movie, and she said no.

SPEAKER_02:

Not stood up, but, like, canceled last. I've never been waiting and not, you know, but, like, canceled last second. That has happened multiple times. So you weren't left alone in an Applebee's getting your dollar eaters. No, but there was a point where me and this one girl in college, we were supposed to watch Il Pastore or something, some Italian movie from the 60s that I had just bought on Blu-ray and was so excited to watch. But she was like in a film class and she had expressed interest in watching it. And then after like two weeks of her canceling, I'm like, yo, I'm just gonna watch this.

SPEAKER_01:

So to summarize, make sure that you're finding the right house. It's a lot like dating. All right, mortgage rates are high, surprisingly, but not as high as last year. So a couple more stats here. The daily average 30-year fixed mortgage as of July 9th is 6.77%, which is down from 7.01% in 2024. So not a huge shift, but when you're talking mortgage percentages, it's all important. I feel like every decimal adds up in the long run. The weekly average is about 6.67%. median monthly payment is about$2,708, which is the lowest since early March. So mortgages, high, but not that high, or at least incrementally a little bit lower than they were before. Okay. I mean, that's something. That is something. That's kind of this whole article is like, you know, the faintest whisper of maybe good news turning back around to the buyers, but it's also just kind of like every stat from this article. It's a fascinating piece. Again, go check out the article. It's on Newsweek, but it's also like, so it's a little bit down. What does that mean? Will it hold? Will it keep going? No one really knows. That's kind of this whole thing, you know?

SPEAKER_00:

Yeah, I would summarize it like a standstill because prices are refusing to change and buyers are retreating. Yeah,

SPEAKER_01:

but the The cut prices or what the price drops, price cuts, those are suddenly getting a bump up too. So, you know, maybe that corrects itself eventually. It's just like we don't know. We're just kind of like looking at the base data on the page and kind of like guessing what's going to happen. You know, who knows? But Patrick, a couple questions. Is now a good time to buy?

SPEAKER_02:

I guess that depends on various situations like where you are and what your current

SPEAKER_01:

financial situation is.

SPEAKER_03:

That's

SPEAKER_01:

true. I feel like that's a point we talk about every single week where it's just kind of like, is it the right time to get into it? Probably. I mean, if history shows, it's kind of like the market continues to go up and up and up and up. And it's like it has these minor incremental dips and dives. But that$200,000 house that you could afford right now may not be that price forever. If you can buy now, I

SPEAKER_02:

think there's no better time. You

SPEAKER_01:

never know.

SPEAKER_02:

know I'm not ready to buy now but

SPEAKER_01:

yeah you know do you do a lot of thinking do a lot of soul searching make sure that your financials are in the right area and then like you know got to find the right fit it's like dating just like me say so are we headed for a price crash because we're all we're all very

SPEAKER_02:

well attuned to the market and yeah I feel like if I had an answer to that you know I wouldn't be sitting in this podcast where I'm learning about real estate you'd be

SPEAKER_01:

a lead character in the big short yeah right uh Yeah. I mean, not necessarily, I think is basically the answer. There's pressure on prices, but a lot of sellers are choosing to wait it out instead of just right out slashing prices. So I think that home sitting again, like to go back to the very, like the title of the article is that like, I feel like we may see this for a while longer is like, I don't want to give up and sell the house and take less than what I could get for it. People are just holding onto these properties, letting that for sale sign, get a little bit dusty on the front yard as they wait for someone to come along and buy the property. So you never know, but it could put pressure on more prices going down. But yeah, what will the momentum last? It kind of just depends on mortgage rates, job stability, whether sellers stay patient or come back with better deals. I mean, like we were in a very economic, economically fascinating time to say the least right now in the US. So it's like, who knows what it's going to look like. But yeah, I mean, for sellers, though, the biggest shift since last year is probably just that homes are just sitting longer and buyers have more options so that's kind of one thing to consider if you're a seller is that like if your house is just sitting out there so are dozens and hundreds of others where people are going to have their idea to be able to like more of like a garden to pick and choose from as opposed to just like this is the only option it may be$50,000 more than I want to spend but it's the only option if it works for me right now because I'm buying so I'm going to have to buy it yeah I feel like that was the vibe a few years ago right now it's like there's more options I feel like I casually look at do you ever look at Zillow and just look at the houses for sale just every now and then just to kind of like gander. It's like there's tons. I feel like there's a lot more than there were four years ago. Yeah, I agree. I don't know. But should sellers list now or wait? If you need to sell, I would say be prepared to negotiate. But if you don't negotiate, you're not alone. Many are pulling listings to wait for stronger conditions. So I don't know. Let's say hypothetically, Patrick, you owned a property. Would you sell it, right?

SPEAKER_02:

No, I personally would. Unless I had to, right? But like, yeah, I don't think like now is like the moment I would sell because I'd want to get a renter, get that passive income, let that property just appreciate. Get

SPEAKER_01:

that passive income.

SPEAKER_02:

Yeah, I mean, me personally. But again, if I... You had to move or something. It was my residence. Yeah. We should do this as a topic. What would

SPEAKER_01:

you name your property management company? If you had to open up a property management company, what would you call it? I have no idea. Thanks for putting me on the spot. What do you think? Property management company. You got to name it.

SPEAKER_00:

M&M. Maggie and Moussa. Oh. Is that your actual property management name? M&M Property. You should make it that. We should. Yeah. We only have one unit, so we don't really need to...

SPEAKER_01:

I would call my property management company Rent With Us I Dare You Incorporated. And what about you, Patrick?

SPEAKER_02:

Patrick's Pretty Properties. Triple P.

SPEAKER_01:

All right, let's get out of this article. So yeah, sitting houses, something to keep in mind as the market continues to shift. Again, if you're a buyer, if you're a seller... listening to, you know, finding good resources about the market, the current trends, doing your own research, making sure that you're prepared financially for both sides of the coin. If you're selling your property, you gotta make sure that you're ready to have all that stuff deal with, like with, you know, the cost of selling a property, the making sure, like all of the steps that need, the time management, the time that goes into selling a property. If you're a buyer, you need to make sure that you're well equipped to like make sure that you can pay everything. It's a whole complicated thing, but you need to make sure that you're, you know, Watching the market, making sure that it's a right time for you as an individual. Right. Because it is not going to be the same for everybody. That's it with the news. Thanks, Zach. You're welcome. I'm going to take a sip of my iced coffee now. Yeah. Q&As. I think it's time to take a look into the listener questions. Yeah. So do you want to open up the mailbag, Pat? Let's do

SPEAKER_02:

it. Or do you want to go first? Yeah, I can go first. Yeah. So today we've got Tasha R. from Charlotte, North Carolina. Tasha R. is wondering, if I don't have 20% for a down payment, should I still try to buy right now? Actually, I feel like we learned the answer to this a couple weeks ago, right?

SPEAKER_01:

Yeah, when we had, was it John on the podcast? He was kind of teaching us about some of those first-time buyers loans that you can get for those down payments. Like the FHA. Yeah, and not being too intimidated by a high down payment amount. Yeah. A lot of people don't have that amount of money. And so it's like there's a lot of these loan programs that you can go through to make that a little less of a burden on you. So I say if you don't have 20% for a down payment, you should still buy if it's right for you. Obviously, don't put yourself in crippling debt if you don't have that money and you're trying to do it. But it's like there are ways– there are smart ways to use the system in place to help cover some of those costs.

SPEAKER_02:

Yeah, well said. And a note here from– one of our producers is you will likely need to pay mortgage insurance if you go lower than 20%. So that's something to keep in mind. I don't know what all that entails, but that's definitely something

SPEAKER_01:

to

SPEAKER_02:

think about.

SPEAKER_01:

Yeah. Do you know what mortgage insurance is, Moussey? It's

SPEAKER_00:

PMI. So it's essentially they want to make sure that the mortgage wants to make sure that you will pay every month, essentially. And so there's like an insurance that you're paying into.

SPEAKER_01:

So it's like you're paying for overdraft protection basically on a mortgage. Yeah. That's interesting. I didn't know that that existed. Yeah. Learn something new every day with The Rentish. Like and subscribe. I'll go next. Miguel D. from Albuquerque, New Mexico. Choking on my ice coffee. Miguel D. from Albuquerque, New Mexico writes, what's the deal with people pulling their homes off the market? Is that common? Sorry for the Seinfeld impersonation, Miguel. Yeah, what's the deal, Patrick? What's the deal with people pulling homes off the market? What's the problem?

SPEAKER_02:

Yeah, so that's happening more now. And we briefly touched upon this in the article, right? But some sellers don't want to drop their price, right? in the way that prices have been dropping, especially recently. So they delist and are waiting for a better seller's market, I guess, better

SPEAKER_01:

conditions for themselves. See, this is a fascinating thing because it's like, I almost wonder, it's like, okay, so I'm talking through this in my brain as I'm saying it, but it's like, I don't see what the point would be in delisting if you just leave it and just wait, but then it's like that might cause trepidation from buyers because they see this place that's been on the market for however many days and hasn't sold. So it's like I kind of get that, but is that the only reason? Can you think of any other reason why you would just delist a property?

SPEAKER_02:

You decided that you wanted to sell, and then the next day you're like, well, never mind.

SPEAKER_01:

Dude, change your mind. I'm going to sell my house. Never mind. I'm going to keep it. Yeah, no. I don't know if that's legit.

SPEAKER_02:

I don't... Yeah, I'm not 100% sure what another... Like, what do you think?

SPEAKER_01:

I don't know. That was the only one I could think of is that, like, you don't want to have that, like, the Zillow Scarlet A, whereas it's, like, 100 days on the market. Like, you see those properties on Zillow and I'm always, like– And people are

SPEAKER_02:

wondering what's wrong with

SPEAKER_01:

them. What's wrong with you. Yeah. Yeah. It's, like, I don't– some of those I don't even look at because I'm just, like, this house has been on the market for 100 days.

SPEAKER_02:

Yeah.

SPEAKER_01:

So it's, like– but besides that, I can't really think of it because it's, like, if you just let a house sit, eventually someone is going to put in the price that you want, right?

SPEAKER_02:

Yeah.

SPEAKER_01:

Yeah.

SPEAKER_02:

I mean, that makes sense. That makes sense to me. I mean, I

SPEAKER_01:

might need to jot that question down for like a future professional. Um, if we have a, like a property management expert, like one of our friends come in and talk with us on another episode, we'll have to ask him about that. That's a good question. Okay. Jenny

SPEAKER_02:

L from Des Moines, Iowa asks, do you think Gen Z will ever actually be able to buy homes?

UNKNOWN:

Um,

SPEAKER_02:

I

SPEAKER_01:

don't know Gen Z. Great question. So before the pot, I was like, do we have a Gen Z person we can bring in for this question? And then I realized, I was like, oh, my co-host is a Gen Z-er. Yeah, I mean, it's definitely looking

SPEAKER_02:

tougher. It's looking rough. It's definitely looking rougher than probably for other, you know, older generations.

SPEAKER_01:

I feel like it's just a funny punchline. It's like, will Gen Z ever be able to actually buy a home? It's like, yeah. I think we will. Not all of them. Not all of them. The same way that not there will be a percentage of my generation that goes through their entire lifetime without buying a house. That's just kind of the reality of the world that we live in. Right. We got what? Six billion people on Earth. How many people on this plane? Eight billion. Eight billion. Yeah. More than that. There ain't eight billion houses. Not last time I counted.

SPEAKER_02:

So I really do think I plan on buying a house, you know, hopefully within the next five to seven years is my plan as a Gen

SPEAKER_01:

2. Why are you laughing at that? What was that chuckle for? Producer chuckled at five to seven years. Do you think that's an unrealistic...

SPEAKER_00:

I thought he was going to say in a couple years. Three to seven years. Two to seven

SPEAKER_02:

years. Realistically, five years. I think that's a totally reasonable time frame for someone his age. By the time I'm 30, I was kind of... No, that's

SPEAKER_00:

great.

SPEAKER_02:

Yeah, I think I obviously like it's, you know, and you hear about how like expensive house or how inexpensive houses were like when my parents bought a house. It's just like, oh, that would be nice. But but yeah, I mean, I think it's I think it's well within the realm of possibilities. And I think like, for example, learning about like an FHA loan, you know, like even if I am in a situation where I can't afford a larger down payment, it's just like, yeah, there's there's there are ways to get to buy a house that I can utilize. I'm learning more about as we've done this podcast, which I think is like the whole point. Building that knowledge base.

SPEAKER_01:

Also, you could just go to the casino and win the house money in one night. That's a good point. It's like, oh, I'm

SPEAKER_02:

halfway there. Let me put my life savings on

SPEAKER_01:

red. Put it all on red. No. All right. Next up, Andre W. from Oakland, California writes in and says, why do people say buying a home is a hedge against inflation Do you know what that means? So, I'm

SPEAKER_02:

guessing is it a way... I know the term hedge your bets.

SPEAKER_01:

Yeah, that's what I was thinking too.

SPEAKER_02:

Hedge against inflation. I'm wondering if that means kind of beat inflation or go with inflation. Is that kind of what that means?

SPEAKER_01:

I think so, yeah. Rent tends to rise with inflation, but a fixed mortgage stays the same. So locking in a monthly payment now helps you avoid future increases in housing costs. So it's like that's kind of like honestly– so buying a house for me, I'm probably looking in the next year. But– A huge driving factor in that for me is that I'm sick of rent increases. It's like, when is it gonna be unsustainable that rents are just continuously rising? It's like, rent's going up$50 this year. Rent's going up$100 this year. It's like, okay, so at what point am I paying$4,000 a month for this place that I was renting for$1,500 not that long ago? So it's like, I, you know, having that fixed rate and knowing exactly what it's going to be and guaranteeing that's not going to change, I think that that's a huge driving factor in making sure that future budgeting is accounted for because it's like jobs come, jobs go, opportunities come and go. It's like you don't know where you're going to be at in life, but it's like having a fixed price of what you're paying to live is kind of important.

SPEAKER_02:

Yeah, makes sense. Yeah,

SPEAKER_01:

I just think it's crazy. Like rent, the fact that it's so– It's so volatile. The rent can just go up at any time. It's crazy. I don't know. But yeah, that would be my biggest thing.

SPEAKER_00:

My thing is it would be interesting to see because when I was speaking to my in-laws, they bought this nice home in Westchester in the 90s for like$100,000 or like$95,000. And now it's sold for like$500,000. But then I'm thinking like, okay, were they getting paid– Is it equal to now? It's not. No, it's not.

SPEAKER_01:

No, it's not.

SPEAKER_00:

People

SPEAKER_01:

were making more, not adjusted for inflation, but making more money and things costed less. Now things cost more and people are making the same money, if not less. That's just insane. That's how you get depression.

SPEAKER_02:

Everything's gotten more expensive except basically salaries haven't increased at the same rate as everything else.

SPEAKER_00:

I think then that's why that Gen Z question is legit because I think a lot of people are worried about even just like the basic stuff that they don't even have time to think about buying a house. You know what I mean?

SPEAKER_02:

No, I think it's definitely legit. I think that like Gen Z as a whole won't be able to buy a home. I think that that's just not, that's like a little bit. Oh yeah, that's too blanketed. Yeah, it's too blanketed. But yeah, I mean, I think Gen Z probably, I mean, you know, just as we've seen inflation go and stuff the past 10 years even, like it's definitely, you know, tougher, I think than it would have been 20 years ago.

SPEAKER_00:

And I think the, quote unquote, American dream has changed for generations. So, yeah, I would like to see the stats on that. Like every generation who's been renting more versus who's been buying homes. Yeah, that would be interesting.

SPEAKER_01:

It would be. Maybe it's something we should talk about on a future episode of the Rentish Podcast because this one is ending. Thank you for listening to another episode of the Rentish Pod. Yeah, thanks for getting through this one. It was a whole lot of fun. Patrick, I feel like we learned a little bit, laughed a little bit. Check with your experts, as always. We just got to put that at the end of every episode. Follow the show a bunch of different ways. You can go to The Rentish Pod on socials if you want to follow us on Insta and stuff, or you can go to Spotify, Apple Podcasts, wherever you get your podcasts, and you can download the show. Like us. Give us a follow. Give us the notification thing if you want to be alerted when new episodes go live. And give us a rating. Take your finger, put it on the star, go all the way to the right as far as it goes. 10, 5, 20, wherever you get there. And rate the show. Give us a comment. And yeah, send us an email. Questions at TheRentishPod.com just like Andre, Jenny, Miguel, and Tasha did. Thank you guys for being loyal listeners and thank you for writing into the show. If you want to hear what, you know, just ask us any question. Move movies television uh i guess properties management and some real estate in some respect you can ask your questions there too but thanks for listening i've been zach that's been patrick and we'll see you next time