Morning Wire Housing Market & Seinfeld Slams Hollywood | 5.4.24
May 4, 2024
The podcast dives into the current housing market, revealing a decline in sales due to soaring interest rates and rising prices. It highlights Seattle's migrant crisis, showcasing community tensions as resources dwindle. Jerry Seinfeld's critique of Hollywood’s political correctness sparks a discussion on the future of comedy and filmmaking, questioning the industry's direction amid a surplus of content. The episode also reflects on shifting cultural norms in homeownership and family planning.
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Housing Market Downturn
- The housing market cooled rapidly, with sales dropping and new construction declining.
- Affordability is at a 40-year low due to high interest rates and record home prices.
Migrant Crisis in Seattle
- Hundreds of migrants are camping in a Seattle park after funding for temporary housing ran out.
- The city and state are seeking solutions, but immediate resources are limited.
Seinfeld on Hollywood's Decline
- Jerry Seinfeld believes the movie business is declining due to "extreme left" and "PC crap."
- He claims scriptwriting by committee, driven by fear of offense, is "the end of comedy."