
The U S Housing Market Is Broken And Policymakers Are Out of Options w Melody Wright
1 Video View·Feb 2, 2026
In this episode of Milk Road Macro, Melody Wright explains why falling mortgage rates won’t restore affordability, why policymakers are effectively out of tools, and why today’s housing market is stuck in a dangerous limbo with no real price discovery. Despite government intervention, subsidies, and creative policy proposals, buyers remain locked out, sellers won’t capitulate, and inventory continues to build.
Note: This clip is taken from a longer episode published earlier. To catch the full conversation and all the context, head over to the complete interview on our channel.
