This Is What 7% Mortgages Will Do To the Housing Market
Odd Lots10 Okt 2022

This Is What 7% Mortgages Will Do To the Housing Market

Thanks to the surge in mortgage rates, we've seen a historic collapse in mortgage affordability. New homebuyers are facing a massive sticker shock relative to what they could have paid just six months ago. So does this mean that house prices are due for a crash? On this episode of Odd Lots, we speak with Morgan Stanley housing strategist Jim Egan about what comes next. Egan argues that while high mortgage rates will discourage buyers, there won't be a significant unlocking of supply, since very few people will be forced to sell. It will be housing activity that sees the biggest change.

See omnystudio.com/listener for privacy information.

Episoder(1188)

Lots More on the Big Problem With the Monthly Jobs Report

Lots More on the Big Problem With the Monthly Jobs Report

We've been in a strange labor market for a while now. The unemployment rate is still nice and low at 4.2%. But the pace of job creation has been slowing markedly. And furthermore, not only has the pac...

4 Sep 202524min

What's Behind the Boom in Buy Now Pay Later

What's Behind the Boom in Buy Now Pay Later

Buy Now Pay Later is everywhere nowadays. Companies like Affirm, Afterpay, and Klarna have brought installment payments into everyday life, while big banks and tech firms also now racing into the spac...

4 Sep 202536min

Dan Wang on China's Breakneck Economic Growth

Dan Wang on China's Breakneck Economic Growth

In the past couple of years, the world has fully awoken to the incredible economic and technological growth exhibited by China. But what lessons are there for America? Are there even lessons for Ameri...

1 Sep 202549min

Big Take: Taylor Swift Wedding Predictions Are the Hottest New Trade

Big Take: Taylor Swift Wedding Predictions Are the Hottest New Trade

Gamblers on prediction sites like Polymarket and Kalshi are already trying to cash in on Taylor Swift and Travis Kelce’s engagement — betting on everything from their wedding timeline to her next sing...

31 Aug 202515min

Emi Nakamura on Central Bank Credibility and the Taylor Rule

Emi Nakamura on Central Bank Credibility and the Taylor Rule

The post-Covid inflation will prove to be a treasure trove for academic economists, as they study what drives inflation, and the power that central banks have to contain it once it gets going. At this...

29 Aug 202536min

Liz Truss on the 'Doom Loop' Engulfing the UK Economy

Liz Truss on the 'Doom Loop' Engulfing the UK Economy

These days, everyone is talking about high interest rates across the rich, developed world, while warning of eventual fiscal disaster. But we may have gotten an early glimpse of this anxiety in Octobe...

28 Aug 202558min

Lev Menand on Trump's Attempt to Fire the Fed's Lisa Cook

Lev Menand on Trump's Attempt to Fire the Fed's Lisa Cook

Criticism and threats to Federal Reserve independence have been building for some time in this administration. But it was taken to a new height on August 25, when Trump posted that he intended to fire...

26 Aug 202528min

Adam Posen on a Surreal Jackson Hole in a Post-American World

Adam Posen on a Surreal Jackson Hole in a Post-American World

The annual Jackson Hole symposium is, formally speaking, an academic conference. Economists and central bankers gather to discuss the most important, cutting edge ideas in monetary policy. But there w...

26 Aug 202557min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengepodden-2
tid-er-penger-en-podcast-med-peter-warren
pengesnakk
livet-pa-veien-med-jan-erik-larssen
utbytte
stormkast-med-valebrokk-stordalen
morgenkaffen-med-finansavisen
lederpodden
rss-markedspuls-2
rss-sunn-okonomi
rss-pa-konto
finansredaksjonen
stockup
boligbobla