Home prices remain out of reach for many buyers. But the data used to justify those prices may be missing more than anyone has publicly acknowledged. Is the housing market heading for a crash, or something harder to see and slower to resolve?

We sit down with Melody Wright, CEO and founder of Huringa, who has been tracking parts of the housing market that don’t appear in standard reports. Loans sold to private funds have disappeared from public data, and the stress building beneath may not surface until it’s already well underway.

We also speak with Jim Righeimer, CEO of Arbor Capital Partners and former mayor of Costa Mesa, who is seeing the same pressure from the building side. The payment math at current prices doesn’t work for the vast majority of the market. And the supply unlock most people are waiting for may depend on forces nobody can legislate into existence.

Views expressed in this video are the opinions of the host and guest and do not necessarily reflect the views of The Epoch Times.