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(348)

The Demise of Late-Night TV Is an Omen for American Culture

The Demise of Late-Night TV Is an Omen for American Culture

Even before the cancellation of 'The Late Show With Stephen Colbert,' the business of comedy was changing rapidly. Twenty years ago, comedians aspired to be late-night hosts, or to star in movies, or ...

23 Jul 202547min

 If Trump’s Economic Ideas Are So Bad, Why Isn’t the U.S. Economy Doing Much Worse?

If Trump’s Economic Ideas Are So Bad, Why Isn’t the U.S. Economy Doing Much Worse?

Sign up for Derek's Substack here. Harvard economist Jason Furman returns to the show to answer two big, burning questions. First, if Trump's economic ideas are as bad as most economists say, why isn...

17 Jul 202552min

Fertility Needs a Scientific Revolution

Fertility Needs a Scientific Revolution

Couples are having kids much later in their lives. As young people spend more of their 20s and 30s getting established in their careers, and marriage is delayed, and home buying is delayed, the unstop...

16 Jul 202547min

The Mysterious Rise of Major Injuries in Professional Sports

The Mysterious Rise of Major Injuries in Professional Sports

Sign up for the Derek Thompson newsletter. In Game 7 of this year's NBA Finals, Indiana Pacers guard Tyrese Haliburton tore his Achilles in the first quarter while attempting to drive to the basket o...

9 Jul 202554min

How Abundance Won in California

How Abundance Won in California

The California housing crisis is a disaster and an emergency. Housing construction per capita has steadily fallen in the last few decades, while home prices, rent, and homeless rates have all soared. ...

3 Jul 202559min

What's Next for the Middle East: War, Peace, or Revolution?

What's Next for the Middle East: War, Peace, or Revolution?

Sign up for Derek Thompson's Substack here! Donald Trump rose to power in the Republican Party as a critic of the neoconservative tradition and was opposed to war in the Middle East. But after weeks ...

25 Jun 202547min

NYC Mayoral Candidate Zohran Mamdani on Abundance, Socialism, and How to Change a Mind

NYC Mayoral Candidate Zohran Mamdani on Abundance, Socialism, and How to Change a Mind

Before today’s show, a personal announcement. After almost 17 years at The Atlantic, I have just officially moved my writing full time to Substack, the newsletter platform. If you like this show, if y...

23 Jun 202541min

A Grand, Unified Theory of Why Americans Are So Unhealthy

A Grand, Unified Theory of Why Americans Are So Unhealthy

Americans are unusually overweight and chronically ill compared to similarly rich countries. This episode presents a grand, unified theory for why that's the case. Our food environment has become sign...

18 Jun 202538min

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