The Housing Affordability Crisis and What Comes Next

About this episode

This episode discusses the housing affordability crisis, its causes, and potential future changes in the market.

Housing affordability remains under pressure, even asmortgage rates begin to ease. In this episode of Let’s Talk Future, Tyler Batory, who covers residential real estate at Oppenheimer, joins Jane Ross to explain why housing demand stalled in 2025 and what may change in 2026. They discuss how rising everyday costs and low consumer confidence are limiting buyer participation, why homebuilders are pulling back on construction, and why tariffs and institutional investors are not major drivers of affordability challenges. Despite this ongoing uncertainty, Batory outlines what could prompt positive long-term changes in the housing cycle. Oppenheimer Transacts Business on all Principal US Exchanges and is a Member of SIPC. 8729525.1 Full episode disclosures: https://www.oppenheimer.com/news-media/2026/podcast/the-housing-affordability-crisis-and-what-comes-next

People in this episode

Host: Jane Ross

Guest: Tyler Batory

Topics covered

• housing affordability
• real estate
• consumer confidence
• home construction

Keywords

• mortgage rates
• buyer participation
• tariffs
• institutional investors

Mentioned in this episode

Books & works: Let’s Talk Future

Places: US

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