Since the 1960s, the price of homeownership has risen twice as fast as inflation, and rents have climbed five times faster than wages. Some would argue Wall Street has worsened the issue, but some firms say they’re trying to help. What does the future of housing look like, and what is Wall Street’s role?
00:00 Introduction to America’s Housing Crisis
1:44 Introduction to Don Mullen, Founder and CEO of Pretium
3:15 Don Mullen’s Big Short and Opportunity after the 2008 Crisis
4:25 Why owning a home isn’t the American Dream
7:32 Is Private Equity Helping or Hurting the Housing Shortage
8:31 What private-public partnerships look like in Atlanta
10:32 Institutional Home Ownership and the Future
12:10 Introduction to Margaret Anadu, Senior Partner & Head of Real Estate, Vistria Group
12:58 Vistria’s Social Impact Housing Investing Explained
14:00 Why Margaret Anadu cares about housing
15:21 Creating stability through renting a home via public-private partnerships
16:59 Why invest in affordable housing
17:34 The future of public-private housing initiatives
18:36 Visiting a privately financed rental unit
20:19 How to keep affordable housing affordable
21:42 Necessity of capital in housing
22:20 Private Equity in Housing Conclusion
Hosted by Bloomberg Global Finance Correspondent Sonali Basak, Bullish is an immersive journey through the high-stakes world of finance as seen by its titans and rising stars. Basak gets an up-close-and-personal view of this typically uncharted territory, revealing power structures, personalities and agendas on Wall Street and beyond –– and asks some hard questions along the way. Watch more: https://www.youtube.com/playlist?list=PLqq4LnWs3olXGUTmD-WTcIKRqV8tVqN_t
#Housing #RealEstate #WallStreet
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