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MS Mike Schneider
Mike's work
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Guest
Mike Schneider
Founder, Acre Homes
What Mike explores
Mike Schneider is the founder of Acre Homes and a longtime real estate operator. He works on shared-ownership models aimed at the broken affordability math facing younger generations.
Watch the episode Staying Relevant Mike Schneider of Acre Homes: The Generational Housing Question, the Broken Affordability Math, and Shared Ownership
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In Mike's words
It is politically popular to blame Wall Street for our housing affordability challenges. It is not Wall Street's fault.
You walk across the threshold of that new $500,000 home you just bought, you're underwater until it appreciates 6 or 8%.
That's not even a concept here in the US. We assume ownership equals a mortgage.
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