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Austin added new housing three times faster than the rest of the country for a decade — rents dropped below the national average, and young families left anyway, in numbers big enough that schools are now closing. Ryan Puzycki, who sits on Austin's zoning board, says outdated codes banned entire housing types — no fourplexes, no missing middle, no SROs. He traces the homelessness crisis straight back to America banning its cheapest housing type. Jerremy and Dave press him on BlackRock, Houston's fix, and what's next.
Timestamps:
- (00:00) The core stat – why "build more" isn't fixing housing
- (01:13) Meet Ryan – the man rewriting Austin's zoning code
- (06:25) Rents fell – but young families left Austin anyway
- (13:06) A preschool waitlist – San Francisco's scarcity problem up close
- (20:31) The banished bottom – cheap housing America chose to destroy
- (32:54) One metric – that actually proves if a city is failing
- (39:08) The BlackRock myth – why Wall Street isn't the real villain
- (44:50) Cities doing it right – Houston's quiet fix for homelessness
- (55:06) Rapid fire – Ryan on zoning, BlackRock, and the American dream
Connect:
- Ryan Puzycki – Website
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In 1976, homes under 1,400 square feet made up a third of new construction; by 2020, that number had fallen to 7%. Gene Eidelman arrived in the U.S. as a refugee from the former Soviet Union, got his real estate license within a year, and sold $100 million in property within three years. He's since…
The ten-year Treasury just hit 5%, and the Fed hiked for the first time since 2023. Jerremy Alexander Newsome and Dave Conley walk through what that does: a weaker dollar, higher asset prices, Bitcoin at $84,836, and, in Jerremy's view, an 85% likelihood of a recession or depression within ten year…
Houston cut its homeless population by 60 to 70 percent over the past decade — while San Francisco spends roughly five times more per person for worse results. Ryan Puzycki says Houston made it easy to build housing, then used homeless dollars for rapid rehousing instead of expensive permanen…
One Ohio city's zoning code outright bans manufactured homes in a low-income neighborhood — even for a project explicitly meant to be affordable. Gene Eidelman calls it a holdover from 1960s trailer-park stigma that has nothing to do with how these homes actually perform today. He walks through how…
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