The Housing Recession Is Coming

The Housing Recession Is Coming

While the broader economy is almost certainly not in a recession, the U.S. housing market is facing a painful reset. As the Federal Reserve raises interest rates to reduce inflation, the most rate-sensitive sector of the economy—which is housing—is taking it on the chin. Today's guest, Mark Zandi, the chief economist of Moody’s Analytics, breaks down the queasy state of the U.S. housing market, the prospect of a correction, what nationwide falling housing prices will mean for the broader economy, the global synchronized decline in housing, and how China's extremely bizarre year is affecting our economy. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. You can find us on TikTok at www.tiktok.com/@plainenglish_ Host: Derek Thompson Guest: Mark Zandi Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episoder(360)

The Science of Achievement, With Adam Grant

The Science of Achievement, With Adam Grant

Today, we’re taking a break from war to talk about the science of human potential and a new book on that subject from the psychologist and bestselling author Adam Grant. In 'Hidden Potential,' Grant s...

27 Okt 202344min

Israel Has No Good Options

Israel Has No Good Options

Two things seem true: First, Israel has a profound moral right to defend itself from terrorism. Second, its current strategy could kill thousands of civilians, destroy its international reputation, br...

24 Okt 202341min

The Tragedy of Picking Sides in the Israel-Palestine Conflict

The Tragedy of Picking Sides in the Israel-Palestine Conflict

This is our second episode on the war between Israel and Hamas. Today’s guest is Peter Beinart. Peter Beinart is a professor at CUNY of journalism and political science, the editor at large of Jewish ...

17 Okt 20231h 1min

Inside the Trial of Sam Bankman-Fried

Inside the Trial of Sam Bankman-Fried

The former golden boy of crypto is on trial for one of the most lurid corporate fraud scandals of the century. What's happening at the trial? What are the most compelling pieces of evidence against hi...

13 Okt 202343min

Israel at War: Why Did Hamas Attack?

Israel at War: Why Did Hamas Attack?

What motivated the Hamas terrorist attack? How did Israel fail to stop it? What role is Iran playing in this conflict? What should Americans know about the state of Israel's chaotic internal politics?...

10 Okt 202352min

Disney’s Downfall: The Rise and Fall of an Entertainment Giant

Disney’s Downfall: The Rise and Fall of an Entertainment Giant

Hollywood has been decimated by the rise of streaming. At Disney, Warner Bros. Discovery, Paramount, and Sony, profits on TV, film, and streaming went from $23 billion in 2013 to about zero in 2023. N...

3 Okt 20231h 4min

Why Americans are Losing Faith in College

Why Americans are Losing Faith in College

Twenty years ago, higher education was one of the most trusted institutions in America. Today, confidence in higher ed is falling among every demographic: young and old, men and women, Republicans and...

26 Sep 202358min

What’s So Great About Marriage?

What’s So Great About Marriage?

Since the 1970s, the General Social Survey has asked thousands of Americans the same question: “Taken all together, how would you say things are these days—would you say that you are very happy, prett...

19 Sep 202351min

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