The Housing Crisis - with Stormy Waters

The Housing Crisis - with Stormy Waters

Author: Myth of the 20th Century - "Only the truth is banned." December 24, 2025 Duration: 3:27:04

In 1980, the median priced home in the United States was equivalent to 3 years of the median annual salary. In 2023, this had risen to 6 years - an effective doubling of real home prices. Despite attempts at lowering interest rates in the past year, wages have not kept up with housing costs, and many Americans are struggling to buy their first home, with almost 20% of Millennials living with their parents today, up from around 10% for young adults in the 1970s. Tonight, returning guest Stormy Waters joins us to discuss how America’s local, state, and national economic policies are deeply tied to the real estate industry, and how reforming this for the better will likely take a cultural and political groundswell from younger generations.

-- Brought to you by --

Very special guest Stormy Waters

@NormanDodd_knew

https://substack.com/@st0rmywaters

with Adam Smith

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-- References --

- The China Hustle, Rothstein (2017)

- The Changing World Order - Why Nations Succeed and Fail, Myth of the 20th Century (2023) - https://myth20c.wordpress.com/2023/02/21/the-changing-world-order-why-nations-succeed-and-fail/

- Shadow Banking - with Stormy Waters - After Dark, Myth of the 20th Century (2025) - https://myth20c.wordpress.com/2025/02/10/shadow-banking-with-stormy-waters-after-dark/

- Dallas Auto Lender For Illegal Aliens Collapses Amid Fraud Allegations, The Dallas Express (2025) - https://dallasexpress.com/business-markets/dallas-auto-lender-for-illegal-aliens-collapses-amid-fraud-allegations/

- The Indian Izzat Infection: How a Foreign Honor Code is Dismantling American Tech - https://wolfsheadonline.com/the-indian-izzat-infection-how-a-foreign-honor-code-is-dismantling-american-tech/

- Housing Inventory: Median Days on Market in the United States - https://fred.stlouisfed.org/series/MEDDAYONMARUS

- National debt of China from 1995 to 2030 - https://www.statista.com/statistics/531423/national-debt-of-china/

- Japanese government bonds - https://www.tradingview.com/markets/bonds/yield-curve-japan/

- Tribeca Developers - https://www.tribecadevelopers.com/tribeca-trump.php

- Blood Satellite - https://www.youtube.com/@BloodSatelliteClips/videos

— Graphics —



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Myth of the 20th Century is a show that digs into the stories we think we know and examines the forces that shaped them. Guided by the principle "Only the truth is banned," this podcast peels back the layers of official narratives, exploring the intersections of history, current events, and power. Each episode is a deep dive into the foundational myths-political, social, and cultural-that define our modern world, particularly those emanating from and surrounding the American experience. The analysis is grounded in a belief that what is often presented as settled history is anything but, and that contemporary headlines cannot be fully understood without this crucial context. You'll hear detailed explorations of pivotal events, ideological movements, and the figures who championed or challenged them, all framed by a critical perspective that questions mainstream consensus. This isn't a recitation of dates and names, but a connective investigation into how the past actively informs the present. For those who find standard historical accounts lacking or suspect that news cycles are missing crucial depth, this podcast offers a different lens. It’s for listeners who want their history and politics presented without the usual filters, where the focus is on the underlying patterns and enduring consequences of twentieth-century dogma and ambition. Tune in for a challenging and consistently detailed audit of the century that made us, asking persistently whether the sun truly never sets on the American empire or if that itself is the most potent myth of all.
Author: Language: English Episodes: 50

Myth of the 20th Century
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