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 Big Tech's Jobs Bubble Burst. Plus, SBF's Scandal Deepens.

Why Big Tech's Jobs Bubble Burst. Plus, SBF's Scandal Deepens.

Derek breaks down the biggest economic mystery of the moment: Why are the most successful tech companies collectively laying off more than 130,000 people if the overall unemployment rate is still hist...

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America Isn’t Ready for the Weight-Loss-Drug Revolution That’s Coming

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We have historically thought about weight as the mere outcome of our deliberate choices about diet and exercise. We have not typically thought about weight like a disease. But in the past 18 months, t...

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How Americans Got Everything About Food—Fat, Sugar, and Obesity—‘Entirely Backwards’

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Today’s episode is about what Americans don’t get about food—and the historical origins of our diet delusions. Our guest is Dr. David Ludwig, an endocrinologist who has researched and written on obesi...

17 Tammi 202347min

True or False: 10 Controversial Predictions About the Future of Streaming, Tech, and Media

True or False: 10 Controversial Predictions About the Future of Streaming, Tech, and Media

Last year was a bloodbath for media of all stripes. Netflix crashed, the advertising market cratered, Disney fired a CEOBob and replaced him with a CEOBob, and meanwhile, the domestic box office for f...

13 Tammi 202340min

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We should be living in a golden age of creativity in science and technology. We know more about the universe and ourselves than we did in any other period in history, and with easy access to superior ...

11 Tammi 20231h

The 2023 Economy FAQ: Is Recession Inevitable? Will Housing Crash? Can Tech Recover?

The 2023 Economy FAQ: Is Recession Inevitable? Will Housing Crash? Can Tech Recover?

Michael Batnick and Ben Carlson of Ritholtz Wealth Management rejoin the pod to talk about what they learned from the topsy-turvy 2022 economy and make predictions about 2023 markets. If you have ques...

4 Tammi 202344min

PE Greatest Hits: Thompson and Klosterman Debate Why Society Got So Negative

PE Greatest Hits: Thompson and Klosterman Debate Why Society Got So Negative

This has been an amazing year for the show, and I’m so grateful for everybody who has listened. I’m off the last two weeks of the year but I wanted to keep something in your feed over the holidays, so...

27 Joulu 202249min

PE Greatest Hits: Derek and Ryen Debate the Most Impressive Sports Statistic of All Time

PE Greatest Hits: Derek and Ryen Debate the Most Impressive Sports Statistic of All Time

This has been an amazing year for the show, and I’m so grateful for everybody who has listened. I’m off the last two weeks, but I wanted to keep something in your feed over the holidays, so this week ...

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