In this RedState article, Amelia Hamilton examines factors driving high home prices beyond interest rates, focusing on Zillow’s influence and mortgage practices.
- Zillow’s Zestimate algorithm can be manipulated by sellers and creates feedback loops that anchor and inflate sale prices.
- A class-action lawsuit accuses Zillow of directing buyers to affiliated agents while taking undisclosed commission shares, inflating costs.
- Nearly 90% of homeowners overpay on mortgages, costing households $65 billion annually due to lack of lender competition.
- The 21st Century Road to Housing Act promotes smaller mortgages, eases manufactured housing bottlenecks, and limits large investors to boost family homeownership.
- Regulatory relief on lending standards and CFPB rules could further increase supply of affordable homes.
- Artificial pricing, high commissions, and opaque mortgages create an ouroboros of escalating costs keeping buyers out.
Read the full story:
https://redstate.com/redstate-guest-editorial/2026/07/19/the-real-reason-buying-a-home-costs-so-much-n2204487
JD’s manually curated links for God-fearing MAGA patriots
