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The Housing Market Game with Redfin’s Daryl Fairweather

18 snips
Jun 4, 2025
Daryl Fairweather, chief economist at Redfin and author of "Hate the Game," shares insights on the housing market and game theory. She discusses how Beyoncé illustrates game theory principles. Young buyers will benefit from her tips on entering the market. Fairweather warns that disappointment may characterize the 2025 housing landscape, while rents are likely to rise in 2026. She analyzes current distress among homeowners and emphasizes the importance of Redfin’s Buyer Demand Index for predicting home sales trends and market downturn signals.
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ANECDOTE

Study Groups and Minority Disadvantage

  • Dr. Daryl Fairweather describes how study groups at University of Chicago formed largely along racial and gender lines.
  • Being in the minority put her at a disadvantage, a pattern also seen in reality TV show alliances.
ANECDOTE

Beyonce and Game Theory

  • Beyonce’s Destiny's Child group faced an ultimatum that was a classic game theory example.
  • The group survived without some members because Beyonce was the irreplaceable star, illustrating asymmetric information in negotiations.
ADVICE

Timing Your First Home Purchase

  • Young buyers should prioritize renting within their budget early in their careers.
  • Buying a home matters more when stable in job and ready for long-term commitment to build equity.
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