In this episode, John and Kyle discuss discuss the topic of housing affordability. Theyhighlight how housing affordability is a major concern in the current market, affectingboth renters and buyers. They explain that interest rate increases have a significantimpact on housing affordability, as higher rates can reduce the amount buyers arequalified for and increase monthly out-of-pocket expenses. They also discuss therental market and how increasing expenses, such as taxes and insurance, are affectinglandlords' ability to maintain affordable rents. The hosts emphasize the importance ofconsidering the rental market cycle and the potential for rents to level out or evendecrease in the future. They also touch on the impact of evictions and delinquencies onthe housing market and the need for a balanced approach to address the affordabilityissue.Key Takeaways:• Housing affordability is a top concern in the current market, affecting both renters andbuyers.• Interest rate increases have a direct impact on housing affordability, reducing theamount buyers are qualified for and increasing monthly expenses.• Landlords are facing challenges in maintaining affordable rents due to increasingexpenses like taxes and insurance.• The rental market is reaching a point where rents may start to level out or evendecrease.• Evictions and delinquencies are increasing, indicating a potential breaking point in theaffordability cycle.Quotes:"The most sensitive sector for interest rate increases is housing. It's the first place youfeel it." - Kyle Teixeira"As rents have gone up and they've been skyrocketing over the past five years, we'renow at a point where it's not sustainable." - John Teixeira"This country is as great as any society on the planet has ever been because it isliterally the only society that has ever propped up the middle class over all otherclasses." - John TeixeiraYou can listen to We Are TPM on any major podcast platform including ApplePodcasts, Google Play, Spotify, and many more.Tune in today!We Are TPMTeixeira Property ManagementMansfield, [email protected]———————————————————————————There are a vast amount of ways in today's world to build wealth using real estate andinvesting, not just in property, but in yourself!Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira ofTeixeira Property Management bring you all of the knowledge and experience they canprovide for the confidence to achieve your investment goals, or how and why to createthem. Now, while John and Kyle have a ton to share, they will also be bringing youinterviews with some of their clients, industry partners, experienced investors, andmuch more every week!John and Kyle look forward to sharing the knowledge you need about arguably thegreatest investment vehicle that is available to the masses — Real Estate. Knowledgeis power, and John and Kyle intend to give you as much power as possible. It's notalways about the HOW, but also the WHY, and they will be digging into it right hereevery week!

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