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

Jaksot(350)

Instant Reaction Pod: Midterm Election Winners, Losers, Surprises, and Takeaways

Instant Reaction Pod: Midterm Election Winners, Losers, Surprises, and Takeaways

The polls were right; the vibes were wrong. Democrats seem to have blocked the Republican wave by riding “Dobbs and democracy.” Trump lost, and extremism lost. DeSantis won, and Florida is a red state...

9 Marras 202217min

Elon Musk's Reign of Chaos and Mark Zuckerberg's Metaverse Madness

Elon Musk's Reign of Chaos and Mark Zuckerberg's Metaverse Madness

The Musk regime is off to a chaotic start at Twitter. In barely a week or two of ownership, Elon has already overseen a collapse in advertising revenue, announced a pivot to subscriptions, attempted t...

7 Marras 202248min

America in the Age of Conspiracy: Q-Anon, JFK, Aliens, and More

America in the Age of Conspiracy: Q-Anon, JFK, Aliens, and More

Americans are unusually conspiratorial as a nation. But in the last week, we have really outdone ourselves. The beating of Paul Pelosi—husband of the Speaker of the House—by a Q-Anon conspiracy theori...

4 Marras 20221h 2min

How the U.S. Housing Market Became Such a Dumpster Fire

How the U.S. Housing Market Became Such a Dumpster Fire

Skyrocketing mortgage rates. Rent prices falling by their fastest pace in years (from their highest inflation rate in decades). Buyers and sellers are freaked out. What the hell is going on with Ameri...

1 Marras 202244min

How to Invest and Be Happy When It Feels Like the World Is Falling Apart

How to Invest and Be Happy When It Feels Like the World Is Falling Apart

We’re in a moment in world history where a lot of big global paradigms are dying. For decades, Europe was basically peaceful. That paradigm has gone up in smoke. For decades, the relationship between ...

28 Loka 202254min

Ben Smith on the Future of News, How to Start a Media Company, and Why TikTok Is a Time Bomb

Ben Smith on the Future of News, How to Start a Media Company, and Why TikTok Is a Time Bomb

About a week ago, a new global news organization launched called Semafor. Ben Smith is its cofounder and editor-in-chief. We offer a brief history of news media in the 21st century and talk about why ...

26 Loka 202238min

Midterm Election FAQ: Can We Trust the Polls? Are Democrats Doomed?

Midterm Election FAQ: Can We Trust the Polls? Are Democrats Doomed?

We’re coming down to the wire, and Democrats' hopes of holding onto the Senate and the House are fading fast. Two months ago, the story was that Democrats seemed poised to pull off an upset and hold o...

25 Loka 202244min

The Case for Indicting Donald Trump

The Case for Indicting Donald Trump

For years, liberals have deluded themselves into thinking that Donald Trump was always on the verge of some calamitous legal defeat. Robert Mueller was made into an icon of the left. But no charges we...

18 Loka 202245min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
rss-podme-livebox
et-sa-noin-voi-sanoo-esittaa
otetaan-yhdet
rss-asiastudio
rikosmyytit
viisupodi
rss-vaalirankkurit-podcast
rss-mina-ukkola
the-ulkopolitist
radio-antro
io-techin-tekniikkapodcast
popcorn-with-esko
rss-polikulaari-humanisti-vastaa-ja-muut-ts-podcastit
rss-merja-mahkan-rahat
rss-50100-podcast