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(349)

Why Do Americans Pay So Much for Drugs?

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On Monday, President Donald Trump signed an executive order telling drugmakers to slash the prices of their medicines. Once again, the president showed an amazing nose for interesting questions. Stati...

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Is Pop Culture Worse Than Ever?

In music, billion-dollar investments in old catalogues are squeezing out new music. In film, Hollywood has become addicted to the regurgitation of familiar IP. In visual art, critics bemoan the strait...

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The Job Market for Young Grads Is Flashing Red

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Last month, the unemployment rate for recent college grads surged to nearly 6 percent. Compared to the overall economy's jobless rate, the unemployment rate for recent grads is higher now than in any ...

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Megapod: The Crisis in American Science

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Today, we are witnessing an unprecedented assault on American science. Thousands of workers have been dismissed from the National Institutes of Health and the National Science Foundation. Billions of ...

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Is This the Chinese Century?

Is This the Chinese Century?

In the last few weeks, for the first time in my life, I’ve seriously thought about the 21st century not being another American century. A recent essay in the journal Foreign Affairs by Rush Doshi and...

29 Apr 20251h 8min

What Americans Get Wrong About ADHD

What Americans Get Wrong About ADHD

In 1937, a Rhode Island psychiatrist named Charles Bradley ran an experiment on 30 child patients who had complained of headaches. He gave them an amphetamine, that is a stimulant, called Benzedrine, ...

25 Apr 20251h 7min

An Astrophysicist Explains the "Strongest Evidence Yet" of Alien Life

An Astrophysicist Explains the "Strongest Evidence Yet" of Alien Life

Last week, a team of astrophysicists from the University of Cambridge announced that they had discovered the “strongest indication” ever of extraterrestrial life. The source did not come from Mars or ...

22 Apr 20251h 4min

A Toy Manufacturer Explains How Trump’s Tariffs Could Crush His Industry

A Toy Manufacturer Explains How Trump’s Tariffs Could Crush His Industry

In the past three weeks, we've spoken to economists about the tariffs. We’ve spoken to a historian about the Smoot-Hawley Tariff Act and the 100-year legacy of American protectionism. We've spoken to ...

17 Apr 202533min

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