The Fed Hiked Rates Rapidly and Housing Is as Broken as Ever
Odd Lots11 Touko 2023

The Fed Hiked Rates Rapidly and Housing Is as Broken as Ever

The Federal Reserve has hiked rates rapidly over the last 18 months, and yet inflation remains surprisingly high. Perhaps what's most surprising is that even in the most rate sensitive area of the economy -- housing -- the surge in mortgage rates hasn't had a significant cooling effect. Prices have barely budged and even the homebuilders have been booming again after a brief dip in late 2022. So what is happening now? Why did the rate shock fail to derail the industry? And what is the lesson that homebuilders have taken away from this cycle? On this episode, we speak with Zonda chief economist Ali Wolf about why and how the housing market is still broken despite this rate action.

See omnystudio.com/listener for privacy information.

Jaksot(1188)

35: There Was a Huge Opportunity The Night of the Brexit Vote

35: There Was a Huge Opportunity The Night of the Brexit Vote

In the runup to the Brexit vote polls were mixed. Some showed remain winning. Others showed leave winning. Nonetheless, markets, pundits, and bookmakers always seemed to be pretty sure that remain was...

1 Heinä 201622min

34: The Highway Built by Oil Markets and Political Intrigue

34: The Highway Built by Oil Markets and Political Intrigue

On this week's episode we take a trip down one particular road on the Gulf peninsula to explore how sudden market shocks — and the political discord that sometimes comes with them — can help shape the...

27 Kesä 201620min

33: How ``Fed Watching'' Became a Thing

33: How ``Fed Watching'' Became a Thing

When Federal Reserve Chair Janet Yellen speaks, the world watches — and one group watches especially closely. ``Fed watchers'' have made a career out of analyzing and dissecting the words and actions ...

20 Kesä 201625min

32: The Amateur Activists Who Took On The Foreclosure Machine

32: The Amateur Activists Who Took On The Foreclosure Machine

The Great Recession was characterized by a historic and gigantic wave of foreclosures all around the country. Left and right, people were being removed from their homes. But because of the explosion o...

13 Kesä 201626min

31: Welcome Aboard Starship Bank

31: Welcome Aboard Starship Bank

David Hendler made his reputation as a bank analyst at the independent research firm CreditSights Inc., foreseeing many of the problems that led to the financial crisis of 2008 and vocally criticizing...

6 Kesä 201619min

30: How Finance Took Over the World

30: How Finance Took Over the World

The U.S. spends 8 percent of its GDP on finance -- twice the amount it did 40 years ago, according to economist Brad DeLong. That figure set off a wave of soul-searching recently as commentators asked...

27 Touko 201623min

29: How an Old-School Chess Shop Survives in Modern New York

29: How an Old-School Chess Shop Survives in Modern New York

At a time when retail sales are dominated by online behemoths like Amazon Inc. and big chain stores, independent brick-and-mortar shops are under growing pressure. Imad Khachan defies the odds to run ...

23 Touko 201624min

28: Finance's Hot New Thing Ended Up In An Old-School Scandal

28: Finance's Hot New Thing Ended Up In An Old-School Scandal

Peer-to-peer lending was supposed to disrupt the traditional way people borrowed money. Instead of going to some giant, soulless institution, online platforms offered a way for people to post what the...

13 Touko 201625min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
hyva-paha-johtaminen
ostan-asuntoja-podcast
rss-rahamania
rss-lahtijat
rss-startup-ministerio
rss-seuraava-potilas
rss-sami-miettinen-neuvottelija
rahapuhetta
rss-rentotapaus
rss-sisalto-kuntoon
rss-porssipodi
sijoituspodi
rss-lain-elamaa
rss-rikasta-elamaa
rss-tuottava-ja-hyvinvoiva-pk-yritys
rss-asiakaskokemusklubi