Abodes well? The housing crash that wasn’t

Callum Williams, a senior economics writer at The Economist, dives into the perplexing resilience of the housing market despite high property prices and rising interest rates. He discusses how shifting preferences post-pandemic have influenced demand, particularly for homes with extra features. Williams also examines the impact of migration trends and wage growth on stability in housing prices, contrasting it with ongoing economic challenges like the peach crop disaster in Georgia and Botswana's diamond industry struggles.