Keith discusses the paradox of falling home prices and rents in Austin, Texas, despite it being the fastest-growing city. He highlights the over-supply of apartments, with new towers next to old bungalows, and notes that apartment rents are down, while single-family home rents are up.

He also explores societal attitudes towards wealth, noting the double standard of admiring celebrities while vilifying entrepreneurs like Jeff Bezos.

The over-supply of apartments has slowed down rent growth, affecting single-family home rents.

Wage growth has outpaced inflation, potentially boosting rents.

Millennials are increasingly renting due to the inability to afford homes.