2min chapter

Animal Spirits Podcast cover image

Redefining a Recession (EP.267)

Animal Spirits Podcast

CHAPTER

Is the Housing Market a Reality Check?

A week ago, probably the worst week for housing market news flow since march. Two thousand 20 an i t b, which is a home builder's index, is up three point five % in the week. Do rich people even care by right and keep building right through this kind of thing? No. I think that they're psychologically impacted by inflation, justik everybody else. And financially, a lot of their stocks are falling.

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