Home prices have outrun income for about two decades, and Jerremy Alexander Newsome says nobody can dispute that prices left paychecks behind. Dave Conley still thinks a regular earner can buy, and this is where the two of them disagree after eight episodes. Jerremy says a home in downtown Manhattan for $120,000 is gone for good, but a two-bed, two-bath condo for about $315,000 can work for a young family. He also blames adjustable-rate teaser rates that nobody explained to the people who signed. Dave says buying went from easy to difficult but still possible: skip the real estate agent, talk to the brokers and lenders, and there are programs even for the self-employed or people with credit problems.

Timestamps:

• (00:00) The fight up front – Can a regular earner still buy a home?
• (00:59) Prices outran income – Two decades of paychecks falling behind house prices
• (02:28) The new American dream – Jerremy says it's peace, not a house
• (07:35) Manhattan for $120,000 – Why that deal is never coming back
• (10:36) Where the hosts disagree – Both of these things are still true
• (12:12) The $315,000 two-two – What a young family can actually buy
• (12:34) Teaser rates – What happens when the adjustable rate kicks in
• (14:17) It used to be easy – Rules got thrown out, then 2008 hit
• (15:02) Skip your agent – Why Dave says to talk to brokers instead

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