HGTV stars take on real estate, use housing ‘hack’ to create affordability solution

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HGTV personalities Elizabeth and Ethan Finkelstein, who star in 'Cheap Old Houses,' spoke to FOX Business about their 'house hack' of buying and restoring cheap historic homes.

The American dream for so many aspiring homeowners has been stifled in recent years amid surging interest rates, steep inflation and low inventory. However, HGTV stars Elizabeth and Ethan Finkelstein, hosts of the "Cheap Old Houses" series, cracked the code on overcoming significant market changes through a "house hack" that they share with Americans around the country.

There's the American dream of go get a bigger house, go get a bigger car, go get a bigger television, all that, but there's also the American dream of pick up your bootstraps and figure it out and get creative, and those are our people," Elizabeth told Fox News Digital exclusively. "I think that our people are living that American dream of building your own life and figuring it out." "There are hacks to the system.

there was huge price increases. Throughout the lumber crisis, there was all these shortages on what we had as inventory… we were restoring buildings during that time, we didn't have price spikes because we were fixing what we already had." HOW IT STARTED … HOW IT'S GOING: INFLATION UNDER BIDEN DRIVES UP COSTS FOR BREAD, BUTTER, CHICKEN "Now we have interest rates that are super high," he continued.

 

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