Housing Stability In The Pandemic Era Should Not Be A Luxury
“During a spring interview on CNBC, Redfin CEO Glenn Kelman said, ‘Housing has, in some ways, become a luxury good in America.’ Let’s pause and think about that statement for a moment. Kelman has access to more property data and housing market indicators than perhaps any other CEO on the planet. This is the very definition of an informed perspective. If he’s saying that housing is now a luxury, then Covid-19 has effectively crushed the American dream that homeownership is achievable for anyone who works hard. “