Rent Control: Myths, Facts, and the Real Impact on Affordable Housing | Jake & Gino Podcast
In this episode of the Jake and Gino Podcast, Gino Barbaro interviews Jay Parsons, a seasoned rental housing economist and head of investment strategy at Madera Residential. Known for his insights on CNBC and Bloomberg TV, Jay shares a data-driven take on the housing market, rent control, and the need for increased housing supply to tackle affordability.
In this insightful episode of the Jake and Gino Podcast, Gino Barbaro sits down with Jay Parsons, rental housing economist, investor, and head of investment strategy at Madera Residential. With appearances on CNBC and Bloomberg TV, Jay brings decades of experience and a unique, data-driven perspective on the housing market, rent control, and affordable housing solutions. They delve into pressing topics like rent control’s real impact, housing affordability, and the critical importance of building more supply to meet demand.
Jay Parsons dissects the complex dynamics of rent control policies and reveals why they may actually hurt the very people they aim to protect. From the supply-and-demand equation to strategies for creating affordable housing solutions, this conversation sheds light on the factors shaping today’s rental market. If you’re an investor, landlord, or simply curious about the rental housing market, this episode is packed with insights on navigating today’s economic challenges.
Chapters:
- 00:00 – Introduction
- 01:03 – The Rent Control Debate: Economists’ Perspectives
- 03:34 – Building More vs. Rent Control
- 11:13 – Affordable Housing in High-Cost Areas
- 17:35 – Foreclosures and Debt Distress in Multifamily Real Estate
- 28:08 – Risks in Tertiary Markets and Asset Quality
- 30:52 – Advice for LPs and Investors in Today’s Market
- 35:31 – Build-to-Rent: Jay’s Thoughts on This Growing Sector
- 45:02 – Supply Forecast: When Will More Deals Hit the Market?
Follow Jay Parsons on LinkedIn for more thought-provoking data and analysis on the housing market.