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

Episoder(360)

Why the "Need for Chaos" Is Eating American Politics

Why the "Need for Chaos" Is Eating American Politics

Today’s episode is about one of the most interesting pieces of research I’ve read in the past year. It's an idea called "need for chaos," and the truth is that I literally cannot stop thinking about i...

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Why Americans Stopped Hanging Out—and Why It Matters

Why Americans Stopped Hanging Out—and Why It Matters

Today’s episode is about the extraordinary decline in face-to-face socializing in America—and the real stakes of the country’s hanging-out crisis. From 2003 to 2022, American adults reduced their aver...

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"We’re Seeing a Fundamental Reorganization of Work in America"

"We’re Seeing a Fundamental Reorganization of Work in America"

Today’s episode is about arguably the most important economic statistic out there: real (or inflation-adjusted) wage growth. For much of the last few years, many people's real wages have declined. But...

23 Feb 202438min

How to Have the Hardest Conversations—in Marriage, Politics, and Life

How to Have the Hardest Conversations—in Marriage, Politics, and Life

Life is a series of conversations. Our relationships, friendships, marriages, breakups, makeups, hirings, promotions, and firings are mostly the story of two people talking. And many of these conversa...

20 Feb 202440min

Would You Buy a Drug to Extend Your Dog’s Life?

Would You Buy a Drug to Extend Your Dog’s Life?

Today’s episode is about the science of slowing down the aging process … and why one biotech company has found some success with dogs. Last November, the New York Times reported that a company called ...

16 Feb 202454min

The Dark Side of the Internet's Obsession With Anxiety

The Dark Side of the Internet's Obsession With Anxiety

We’ve done several shows on America’s anxiety crisis. This one asks several questions that might get me in trouble. Have we overcorrected from an era when mental health was shameful to talk about to a...

13 Feb 202446min

Can Solar Power and Battery Tech Save the World From Climate Change?

Can Solar Power and Battery Tech Save the World From Climate Change?

You could make the argument that last year was the worst year in human history for climate change. The Earth experienced its hottest day on record over and over and over again. Air surface temperature...

9 Feb 202459min

The Gender War Within Gen Z

The Gender War Within Gen Z

Something mysterious is happening in the politics of young men and women. Gen Z women—those in their 20s and younger—have become sharply more liberal in the past few years, while young men are shiftin...

6 Feb 202456min

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