{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Roubini Redux","description":"The Industry Relations Podcast is now available on your favorite podcast player! Overview Rob and Greg riff on Greg's stalled car search, then dig into real estate and macro conditions \u2014 new industry efforts to boost housing supply, mounting federal debt and mortgage rate pressure, AI's threat to service jobs, and whether multi-generational living could ease the affordability crisis. Key Takeaways  Realtor.com and 13 housing advocacy groups launched LetAmericaBuild.org to educate on zoning, permitting, and housing supply. Realtor.com data puts the housing supply gap at roughly 4 million homes. Rob argues the federal government's interest payments now exceed defense spending, constraining any real rate hikes. Mortgage rates are tied to the 10-year Treasury yield, which is rising as foreign buyers (China, Gulf states) pull back from US bonds. Saudi Arabia's oil export disruptions mean less Gulf money flowing into US mortgage-backed securities. Rob's view: neither political party will touch Social Security or Medicare cuts, so structural fiscal problems go unresolved regardless of who's in power. AI poses a bigger threat to US service-based jobs (coding, law, banking, podcasting) than to manufacturing-heavy economies like China's. Rob's affordability math: either home prices need to fall ~40% or real incomes need to roughly double. Landlords currently own about 40% of US housing stock, which both hosts flag as a long-term political issue. Discussion of multi-generational living models (Korean, Japanese generational mortgages) as a possible adaptation, though both agree the US housing stock isn't built for it. Rob traces the &quot;traditional&quot; American homeownership path: condo \u2192 starter home \u2192 forever home \u2192 passed down or sold in retirement \u2014 calling it increasingly out of reach. Both hosts close by noting real estate and podcasting are themselves AI-exposed industries and stress the need for resilience.  Connect with Rob and Greg Rob\u2019s Website&amp;nbsp; Greg\u2019s Website&amp;nbsp; &amp;nbsp; Watch us on YouTube &amp;nbsp; Our Sponsors: Cotality&amp;nbsp; Notorious VIP The Giant Steps Job Board&amp;nbsp; &amp;nbsp; Production and Editing Services by Sunbound Studios &amp;nbsp; ","author_name":"Industry Relations","author_url":"http:\/\/industryrelations.libsyn.com\/podcast","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/42923826\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/42923826"}