Shaun Donovan

Former HUD Secretary and Redfin chief economist discuss the US housing affordability crisis, analyzing factors like high mortgage rates, limited housing supply, and the need for solutions at local and federal levels to address homelessness and high rents.

In this engaging discussion, Kate El-Hillow, Co-President of Russell Investments, emphasizes the ongoing search for market stability amidst volatility. Ed Al-Hussainy from Columbia Threadneedle explores the unpredictable outcomes of the Fed's interest rate plans. Jay Bryson, Chief Economist at Wells Fargo, reacts to recent employment data, highlighting implications for economic health. Shaun Donovan, former HUD Secretary, delves into the urgent housing affordability crisis, advocating for balanced policies to tackle the pressing supply and cost challenges.