Economist Podcasts Home economics: housing markets’ future
8 snips
Apr 10, 2023 
Anjali Johnstone, a data journalist at The Economist, dives into the nuances of the housing market in light of rising interest rates. She discusses how these changes are creating challenges for buyers and builders alike. The conversation shifts to a contentious debate on mask effectiveness, highlighting conflicting studies and public compliance issues during the pandemic. Additionally, Johnstone explores an innovative revival of 'Guys and Dolls,' emphasizing how immersive theater can engage audiences in ways that traditional performances can't.
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Housing Market Outlook
- Central bankers have slowed housing markets by raising interest rates to combat inflation.
- Slowing inflation and easing rate hikes don't guarantee a less severe housing crunch.
Global Housing Trends
- Home prices in America fell for seven months, while Australia saw a rise after ten months of decline.
- Markets predict further interest rate increases, making the future of housing uncertain.
Overheated Markets
- Countries like Australia, Canada, Sweden, and New Zealand saw the biggest house price swings during the pandemic.
- High household debt makes them vulnerable to significant price corrections.