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MTP NOW Oct. 20 — Housing market 'crashing'; U.K. government in disarray

Meet the Press

00:00

Are We in a Recession Yet?

Steve Leisman and Diane Swank weigh in on whether voter sentiments about the economy meet actual concerns of the economy. Steve: We've yet to see national housing prices decline, but I think next year we'll see them decline by a double-digit rate. Diane: The biggest check you write every month is either for rent or a mortgage. And so if you're not feeling as good about your home, you're not going to be as willing to dip into savings.

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