The New Geography of Housing in America
Plain English with Derek Thompson
00:00
Navigating the Housing Crisis
This chapter discusses the unaffordability of the current housing market in America and how younger generations are shifting towards alternative investments like meme stocks and cryptocurrency. It explores the sociological implications of these financial choices and how macroeconomic policies, interest rates, and tariffs are intertwined with the housing landscape. The chapter speculates on the future of mortgage rates and the potential impact of various economic factors on homeownership prospects for young buyers.
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