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

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Plain English BEST OF: The Antisocial Century

Plain English BEST OF: The Antisocial Century

Throughout December and January, we’re going to be re-airing some of our favorite episodes of the past year and beyond. This list includes interviews that really stuck with me and some others that you...

9 Dec 20251h 8min

Plain English BEST OF: How to Be Happy and the Science of Cognitive Time Travel

Plain English BEST OF: How to Be Happy and the Science of Cognitive Time Travel

Throughout December and January, we’re going to be re-airing some of our favorite episodes of the past year and beyond. This list includes interviews that really stuck with me and some others that you...

2 Dec 20251h 5min

A Grand Unified Theory of Cultural Stagnation

A Grand Unified Theory of Cultural Stagnation

One of my favorite theories about the modern world is the idea that culture is "stuck." Whether the decline of ornamentation in modern architecture, or the fact that every corporate logo looks the sam...

25 Nov 202558min

The American Math Crisis

The American Math Crisis

The University of California San Diego is one of the best public colleges in America. So it was fairly shocking when the school released a report on the steep decline in academic preparedness of its f...

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How Superintelligent AI Could Upend Work and Politics

How Superintelligent AI Could Upend Work and Politics

Many AI experts believe that some time in the next few years, we will build something close to artificial general intelligence (AGI), a system that can do nearly all valuable cognitive work as well as...

18 Nov 202558min

Everything Is Television

Everything Is Television

Sometimes, the perfect guest to discuss your own writing is ... you. On this special crossover episode, I am interviewed by Ben Smith and Max Tani of Semafor's Mixed Signals podcast about my recent es...

14 Nov 202557min

Are Young People Screwed?

Are Young People Screwed?

Youth unemployment is rising. Hiring is freezing up. The housing market is a mess. How did things get so bad for young people in the economy? And are things as bad as they seem? Michael Batnick and Be...

12 Nov 202552min

The Democrats Have a New Winning Formula

The Democrats Have a New Winning Formula

This week was a straight flush for Democrats. Zohran Mamdani completed his heroic arc to become mayor of the world’s most important city. Democrats ran up huge margins in the big governor races in Vir...

7 Nov 20251h

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