The House Nobody Can Afford to Build

OCT 21, 202641 MIN

Description

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode! Wednesday, October 21, 2026 Approximate timestamps based on a 42-minute recording. 00:00 — Opening Builders are cutting prices, but buyers still can't make the payments work. What's keeping them apart? 00:55 — On This Date: Trafalgar Nelson's audacious naval victory—and the loss that bound Britain's triumph to grief. 03:35 — General News Ukraine's air-defense dispute, deadly strikes in Yemen and Abyei, and a midterm spending surge. Plus dangerous oil routes, French unrest, Instacart's hiring settlement, extreme heat and Japan's mission to a Martian moon. 13:45 — Sports Detroit's opening-night comeback, Philadelphia spoiling New York's banner night, and Oklahoma City's win over San Antonio. Wade's Kraken survive a blown three-goal lead; the Rays–Brewers World Series and a tied WNBA Finals add championship stakes. 20:50 — Market Review + The Nuts and Bolts Smaller stocks outperform as GM's trucks and Hasbro's dragon cards make their case. Netflix's advertising setback, Supermicro's sales outlook and a possible SpaceX–Tesla combination complicate the business picture. 30:15 — Look Ahead What Texas Instruments' earnings can reveal about factory and automotive demand—and what Supermicro's detailed report still needs to show. 31:05 — Deep Dive: The House Nobody Can Afford to Build One hypothetical $500,000 house, a $30,000 price cut and a mortgage payment still above the earlier-rate comparison. Follow the numbers through higher rates, buydowns and the builder's next decision. 41:25 — Close + Hot Mic Keep your boots muddy and your bills paid—then stay for one last builder joke. Questions or comments: [email protected] This program is general commentary, not personalized financial or investment advice. Mortgage examples are illustrations, not loan offers. Check original sources and your own circumstances before acting. Made by AI. Don't trust it.