Ali Wolf

Ali Wolf, Chief Economist at Zonda, joins Fundrise CEO Ben Miller to discuss the economy's impact on the housing market. They reflect on 2023's positive economic indicators and excess consumer savings. They analyze the current state of the housing industry and the outlook for different markets. They uncover non-obvious aspects of the housing market, such as mortgage rates and structural demand. They explore the rise of built-to-rent housing and its appeal. They discuss the long-term impact of demographic changes on the housing market and express cautious optimism for the future.

Ali Wolf, the Chief Economist at Zonda, dives into the perplexities of the housing market amidst significant rate hikes. Despite soaring mortgage rates, home prices remain stubbornly high. Wolf reveals why the housing sector has defied expectations and how homebuilders are adapting amidst a changing landscape. The discussion touches on shifting migration trends due to remote work, the persistent affordability crisis, and the intriguing dynamics between public and private builders. Plus, a lighthearted look at generational blame adds a fun twist!

Ali Wolf, Chief Economist at Zonda, shines a light on the U.S. housing market's astonishing growth amid a severe shortage of homes. She outlines how demand is skyrocketing, even surpassing pre-crisis peaks, yet supply is hopelessly lagging. The conversation delves into the impact of remote work and demographic shifts on home buying, along with the hurdles caused by rising prices and insufficient new constructions. Wolf also tackles the daunting challenges facing builders, including labor shortages and supply chain disruptions.