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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ChatGPT, Obesity Drugs, Exoplanet Images, and Medical Miracles: The Most Amazing Breakthroughs of 2022

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Sperm Counts Are Falling All Over the World—Why?

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In the last 50 years, average sperm counts have fallen by 50 percent. This isn’t just happening in the U.S. or Europe or Asia. It seems to be happening everywhere. If the current rate of decline conti...

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Who's Afraid of a Four-Day Work Week?

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4 Day Week Global is a nonprofit organization that recently conducted a trial with 33 companies and 900 workers that replaced the typical five-day week with a four-day work week with no change in pay....

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Why the Bad Guys—in China, Russia, Iran, and the U.S.—Are Having a Terrible Winter

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One year ago, we had Anne Applebaum on the podcast to talk about her essay, "The Bad Guys Are Winning." And I think you could have made an argument that this was the most important story in geopolitic...

2 Joulu 202249min

Why America is Suffering a 'Friendship Recession'

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Americans have never spent so much time alone. And alone time is rising sharply for every demographic—young and old, male and female, white and non-white, metro and rural. But is aloneness the same as...

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Thanksgiving Mega-Pod: Bob Iger’s Power Grab, SBF’s Scandal, and Elon Musk’s Omnishambles

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Today’s episode is a Thanksgiving feast of corporate scandal and media gossip. Derek kicks things off with a big-picture theory for why everything in tech and media seems to be falling apart at the sa...

22 Marras 20221h 26min

If China Invades Taiwan, Is It World War III?

If China Invades Taiwan, Is It World War III?

Today’s episode is about China’s turn toward authoritarianism—and why it might be one of the most important stories in the world. If you don’t know a lot about China—if you’ve been interested or aston...

18 Marras 202248min

A Crypto Catastrophe: The Stunning Fall of FTX—and What Comes Next

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Derek shares his thoughts on the meltdown of crypto exchange FTX and the disgrace of its founder, Sam Bankman-Fried, before welcoming veteran finance journalist William D. Cohan to discuss the history...

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