Amazon and Blue Origin founder Jeff Bezos told Fox News in October that housing prices come down to supply and demand, and that blaming greedy landlords misses the point. He cited Austin, Texas, which has implemented many policies to make homebuilding easier over the last 10 years, where the median listing price fell 9.8% year over year in September to about $446,450, compared with a 1.4% national decline to $419,250. Austin's median listing price per square foot fell 8.4%, one of the steepest drops among the 50 largest U.S. metro areas. The article notes that higher mortgage rates, shifting demand and post-pandemic construction also contributed, so housing policy alone does not explain the decline. Bezos argued that politicians who pick villains instead of working on solutions probably do not have one.
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housingreal estatemortgagesJeff Bezos
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AMZN
• NeutralAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/23/2026 | 248.04 |
| Change that session | -0.93% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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