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Skyrocketing asset prices are great for hedge fund managers and Wall Street types, but they increasingly drive ordinary people into unsustainably large amounts of debt. Original Article: "Are Today's Homeownership Rates Sustainable?" This Audio Mises Wire is generously sponsored by Christopher Condon. 

Tho Bishop introduces a new Mises Institute podcast: War, Economy, and State, with Ryan McMaken and Zachary Yost. The War, Economy, and State podcast covers geopolitics and international relations from a free-market and anti-interventionist perspective. You can subscribe at Mises.org/WES. Be sure to follow Radio Rothbard