HousingWire Daily Logan Mohtashami: Can DOGE $5,000 checks help housing?
8 snips
Feb 24, 2025 
In this engaging discussion, Logan Mohtashami, a lead analyst renowned for his expertise in housing economics, shares insights alongside Editor in Chief Sarah Wheeler. They delve into the proposed $5,000 checks for consumers and their potential impact on housing demand and mortgage rates. The conversation reveals skepticism about the effectiveness of such stimulus measures and examines how they might influence housing affordability. Additionally, they discuss the dynamics between home sales and mortgage rates, stressing the importance of inventory and market stability.
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Conflicting Economic Goals
- Logan Mohtashami expresses confusion over the Doge plan's economic logic.
- Giving $5,000 checks while aiming to reduce the deficit and lower aggregate demand seems contradictory.
Stimulus and Inflation
- A stimulus check could offset the one-time hit of tariffs on consumers.
- However, stimulus contradicts the goal of lowering inflation, creating a confusing message.
Cyclical Housing Market
- Existing home sales show consistent fluctuations tied to mortgage rates. Demand rises when rates fall, and fades when rates rise, creating a cyclical pattern.