Why It’s So Hard to Buy a House Right Now—and Why It Might Get Better Soon

Why It’s So Hard to Buy a House Right Now—and Why It Might Get Better Soon

Today, we’re examining the U.S. housing market, starting with a specific question: Should you look to rent or buy your next home? By some metrics, this is the worst time to buy a house in 40 years. Housing prices are near record highs, especially compared to local rents. For many young people, the dream of homeownership might seem completely impossible right now, thanks to huge national demand colliding with short supply, especially in high-income areas. Meanwhile, high mortgage interest rates have failed to reduce home prices, as owners are rate locked into their old mortgages. When will this sorry state of affairs turn around? Mark Zandi, the chief economist of Moody’s Analytics and host of the Inside Economics podcast, joins the show to answer our questions. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Mark Zandi Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Why Did Stanley Water Bottles Suddenly Become a Cultural Phenomenon?

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Why the U.S. Media Industry Is in Meltdown

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Sports Illustrated layoffs. The demise of independent Pitchfork. Hundreds of millions of dollars in losses at major newspapers like the Washington Post and the Los Angeles Times. The state of the U.S....

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World on Fire, Part 3: How Did America's Border Crisis Get So Bad?

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Today is the third and final episode in our miniseries on this unique moment in global war and conflict. In the first episode, we looked at the turmoil in the Middle East. In the second episode, we of...

19 Tammi 202450min

World on Fire, Part 2: Global Conflict Has Surged to an 80-Year High. Why?

World on Fire, Part 2: Global Conflict Has Surged to an 80-Year High. Why?

This is the second episode in "World on Fire," a series on the historic levels of global violence and conflict in the Middle East, the Americas, and beyond. Listen to Part 1 here: "World on Fire, Part...

16 Tammi 202453min

World on Fire, Part 1: The Houthis, Israel's Impossible War, and Worsening Middle East Chaos

World on Fire, Part 1: The Houthis, Israel's Impossible War, and Worsening Middle East Chaos

The chaos in the Middle East is getting worse. It’s not just in Gaza. It’s not the spasms of violence in the West Bank. It’s not just the northern border with Lebanon, where Israel is braced for the p...

12 Tammi 202458min

The Dark Side of the Obsession With Focus

The Dark Side of the Obsession With Focus

The 'New York Times' bestselling author and contrarian self-help writer Oliver Burkeman joins the show to talk about his new audio essay series on work, focus, and interruptions—and how, too often, ou...

9 Tammi 202448min

Four Megatrends for 2024 in Tech, Economics, Media, and Weird Science

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Derek shares what he considers the most important narratives of the moment, including the return of normalcy in economics, a big shift in sports media, Big Tech's 1890 moment, and ... aliens. Host: De...

3 Tammi 202431min

The Biggest Breakthroughs in Science Happening Right Now

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If you're looking for a hopeful and mind-expanding conversation to round out the year, this one is for you. It's our breakthroughs of the year episode, covering 2023's biggest achievements in science ...

27 Joulu 20231h 3min

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