The Fed Hiked Rates Rapidly and Housing Is as Broken as Ever
Odd Lots11 Mai 2023

The Fed Hiked Rates Rapidly and Housing Is as Broken as Ever

The Federal Reserve has hiked rates rapidly over the last 18 months, and yet inflation remains surprisingly high. Perhaps what's most surprising is that even in the most rate sensitive area of the economy -- housing -- the surge in mortgage rates hasn't had a significant cooling effect. Prices have barely budged and even the homebuilders have been booming again after a brief dip in late 2022. So what is happening now? Why did the rate shock fail to derail the industry? And what is the lesson that homebuilders have taken away from this cycle? On this episode, we speak with Zonda chief economist Ali Wolf about why and how the housing market is still broken despite this rate action.

See omnystudio.com/listener for privacy information.

Episoder(1187)

57: Was November the Start of a Huge Turning Point In Markets?

57: Was November the Start of a Huge Turning Point In Markets?

Something huge happened in November. No, we're not talking about the U.S. presidential election. We mean the worst month in history for the the Bloomberg Barclays Global Aggregate Total Return Index, ...

2 Des 201626min

56: How To Launch Your Own Form Of Money

56: How To Launch Your Own Form Of Money

By now you've probably heard of Bitcoin. But Bitcoin isn't the only digital currency. In fact, there are hundreds of "altcoins" out there, all of which are different from Bitcoin in varying degrees. O...

25 Nov 201624min

55: Here Are The Signs That A Civilization Is About To Collapse

55: Here Are The Signs That A Civilization Is About To Collapse

All great civilizations eventually collapse. It's inevitable. So what are the signs of their demise? On the latest edition of Odd Lots, we speak with Arthur Demarest, a professor at Vanderbilt Univers...

18 Nov 201628min

54: How Trump Did Something Yellen, Draghi Could Only Dream Of

54: How Trump Did Something Yellen, Draghi Could Only Dream Of

There's a lot to process from last week's U.S. election. One surprising thing already is the market reaction. Equities surged following the vote, and interest rates are sharply higher. Market measures...

11 Nov 201627min

53: Why We Stopped Trusting Experts

53: Why We Stopped Trusting Experts

One could argue that "expert" has become a bad word. People routinely roll their eyes at the advice of experts and sometimes mock them. Perhaps nowhere is this more clear than the Federal Reserve. In ...

4 Nov 201630min

52: What Math Models of Herding Cows Can Teach Us About Markets

52: What Math Models of Herding Cows Can Teach Us About Markets

Investors are often said to exhibit herding behavior when they follow each other into crowded positions — creating market bubbles that are susceptible to sudden pops when everyone begins stampeding fo...

28 Okt 201631min

51: Why Everyone Is Freaking Out About Globalization

51: Why Everyone Is Freaking Out About Globalization

Dani Rodrik, a professor of International Political Economy at Harvard University, was writing about the downside of globalization before it was cool. The rise of Republican presidential nominee Donal...

21 Okt 201633min

50: What Slavoj Žižek Would Say About Poker and the Peso

50: What Slavoj Žižek Would Say About Poker and the Peso

What does psychoanalytic philosophy tell us about capitalism? In this edition of Odd Lots, we speak to Ole Bjerg, a professor at the Copenhagen Business School. Bjerg studies the work of Slavoj Žižek,...

14 Okt 201631min

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