Matthew Walsh, an economist at Moody’s Analytics specializing in housing market analysis, dives into how economic sentiment influenced the 2024 election results. He discusses the disconnect between strong economic indicators and consumer anxiety, particularly around inflation. Walsh examines the challenges of housing affordability amid high mortgage rates and the impact of tariffs on home prices. Despite inflation cooling, he highlights the significant drops in mortgage rates needed to reach pre-2019 affordability levels and explores potential pathways for the housing market's future.