Vox journalist Matt Yglesias talks with Jenny Scheutz, housing economist and fellow at the Brookings Institution to untangle the US housing crisis.

Some threads: Exclusionary zoning is a big part of the problem; people in affluent neighborhoods don’t want to see more housing built. Rent control tends to exacerbate problems by discouraging rental property. Tying up so much American middle-class wealth in housing makes it hard to drive down prices; if your entire retirement is tied up in your house, as it is for many Americans, you’re going to fight to keep prices as high as possible, which hurts the poor, lower-middle-class and young adults.