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Rocket Mortgage CEO: Here’s How to Fix the Housing Crisis

In this episode, Alex Rampell and Rocket Mortgage CEO Varun Krishna dissect how asset inflation has turned homeownership into a wealth‑transfer mechanism, pushing the median first‑time buyer’s age from 30 to 38. They explain Rocket’s strategy of owning the entire housing funnel—from Redfin’s search traffic to a sizable share of U.S. mortgages—to transform a once‑in‑a‑lifetime purchase into an ongoing relationship. The discussion highlights the contrast between Silicon Valley’s costly consumer products and Rocket’s $10 billion profit engine, offering a blueprint for fixing the housing crisis by re‑engineering the mortgage and home‑buying experience.