#159 - The "suburban gold rush" | Curio

#159 - The "suburban gold rush"

28 mins | Mar 4, 2022

Today's episode from 4th March 2022. First this Friday: Across parts of America, a frustrating pattern has started to emerge. Private equity money is pouring into the real estate market, pricing out first-time homebuyers and forcing them to turn into renters. We explore this "suburban gold rush". Then later, with the weekend looming what will you be doing? Something planned weeks in advance or go wherever the wind takes you? If you're a planner, we've got some tips on how you can tap into your inner spontaneous side. In the aftermath of the housing market crash, when the typical home value in the Phoenix metro area fell by more than 50%, real estate agents found that their biggest challenge was convincing people to buy. Then the pandemic hit and sparked a frenzy of wealthy tech companies and Wall Street investors building gigantic portfolios of rental homes. For Bloomberg Businessweek, Patrick Clark meets with real estate agent Javier Vidana as he investigates the fallout. Some people are willing to take advantage of opportunities that lie in front of them, while others fear to step off the path they have set for themselves. If you’re the kind of person who wants to know what’s coming before trying something new, then you might benefit from taking a few more chances. For Fast Company, a professor of psychology reveals three ways to get better at saying yes to spur-of-the-moment opportunities. Wake up with Curio is a different kind of morning show that gives you the context behind the news and gets you motivated for the day ahead, every Monday - Friday.

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