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15min chapter
162. Will the Housing Market Ever Get Better? with Daryl Fairweather (Redfin Chief Economist)
Financial Feminist
Insights into Economic Indicators and Housing Market Trends
The chapter delves into the significance of economic indicators, particularly forward-looking ones like search activity on real estate platforms, in predicting future trends. It addresses the current state of the housing market, discussing factors like the frozen market due to the pandemic-induced recession, the rise in cash buyers, challenges faced by first-time home buyers, and the impact of foreign buyers on the market. The conversation also touches on the importance of building more affordable housing units, government interventions for housing affordability, and the benefits of boosting housing supply in urban areas.
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