05/20/21: As prices explode, should you buy a home?

Crain's Daily Gist - A podcast by Crain's Chicago Business

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Low mortgage rates and a shortage of properties for sale has caused home prices to skyrocket. Do new homebuyers stand to lose money in the long run by buying in a sellers’ market? Dennis Rodkin joins host Amy Guth to recap this week’s real estate news and take listener questions. Plus: Agents group sues Allstate for multiple breaches of contract, WeWork chairman says demand for shared office space exceeds pre-pandemic levels, market research firm Ipsos reduces its downtown footprint, and Bank of America will raise minimum wage to $25 an hour.