logo
episode-header-image
Jun 2023
24m 19s

Abodes well? The housing crash that wasn...

The Economist
About this episode

Much to the chagrin of hopeful first-time buyers, property prices remain stubbornly high across the West. Our correspondent explains why housing is defying the laws of financial gravity. A new diamond deal in Botswana risks jeopardizing the country’s sparkling record. And why a failed crop of peaches will not cripple America’s Peach State.


Please take a moment to fill out our listener survey: www.economist.com/podcastsurvey 



Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
Dune raider: Saudi is a video-game superpower
Mohammed bin Salman, Saudi Arabia’s crown prince, is a huge video-game fan. Now his hobby is becoming a multi-billion-dollar industry for the kingdom, which is acquiring some of the world’s biggest gaming firms. How Finnish icebreakers became a focus for polar power politics. And ... Show More
19m 57s
Yesterday
Finally, a deal: the fragile peace in Gaza
Donald Trump has brokered an agreement between Israel’s government and Hamas. It’s a momentous breakthrough. Our correspondent analyses what comes next. We launch “The Economist Insider”, our new TV show for subscribers, where senior editors debate the news. And, do red-light mas ... Show More
23m 25s
Oct 8
Liberté, égalité, désordre: chaos in France
France’s newly-appointed prime minister has resigned only weeks into the job. Now President Emmanual Macron has given him 48 hours to come up with a plan for next year’s budget. Can Macron survive the turmoil? As driverless taxis take over San Francisco, what will happen to the h ... Show More
21m 3s
Recommended Episodes
Jun 2023
Abodes well? The housing crash that wasn’t
Much to the chagrin of hopeful first-time buyers, property prices remain stubbornly high across the West. Our correspondent explains why housing is defying the laws of financial gravity. A new diamond deal in Botswana risks jeopardizing the country’s sparkling record. And why a f ... Show More
24m 19s
May 2023
Money Talks: Why house prices are so stubbornly high
Housing in America has never been this unaffordable. The pandemic set off skyrocketing prices; then the Fed began to rapidly increase interest rates, pushing up borrowing costs. Many predicted this might result in a crash. But after dropping 10% from all-time highs, home prices i ... Show More
40m 3s
Jul 2023
Are We About to See the Shortest Housing Cycle Ever?
Last year, as the Federal Reserve hiked rates to the highest levels in decades, there were lots of warnings about an imminent collapse in the US housing market. But home prices have only dipped slightly since then and now they're even recovering, stacking up three consecutive mon ... Show More
37m 43s
Jun 2023
Will high interest rates cause a housing crash?
Last week the Bank of England put up interest rates to 5 per cent - a move that has already meant increased mortgage payments for many. So could this lead to a crash in the housing market? What can the government do to alleviate the pain for homeowners - and is inflation here to ... Show More
26m 22s
Jun 2022
Money Talks: House arrest
House prices across the rich world have dramatically increased since 2020. But that rapid rise could soon be coming to a sputtering halt, as central banks raise interest rates in an effort to rein in prices. Is another housing crash on the way?This week, hosts Alice Fulwood, Mike ... Show More
38m 43s
Nov 2021
Money Talks: It’s not just Evergrande
The debt-ridden Chinese property giant continues to teeter on the verge of collapse. But the rot in China’s financial system goes much deeper—and could pose a global risk. As COP26 in Glasgow nears a close, we explore the drawbacks of the debate over “degrowth” for tackling clima ... Show More
28m 37s
Dec 2023
The housing crash is just beginning
Housing in the UK has become increasingly unaffordable during the last two decades, buying a home is an unattainable prospect for many in the country, and the challenges facing renters are now reaching a tipping point. And the rentier economy is not only freezing out housing tena ... Show More
36m 54s
Jan 2023
Why Is Your Rent So High?
The price of everything is going up, but few things have risen as fast as rent. The rule of thumb used to be that housing shouldn’t eat up more than a third of your paycheck. But these days, a lot of people are handing over half or more of their income to the landlord. Why has re ... Show More
26m 42s
Apr 2024
Hear Me Out: Don’t Blame Capitalism For The Housing Crisis
On today’s episode of Hear Me Out: housing the nation.  We have an affordable housing problem — and an affordability problem, period, but that’s another show.  When we talk about solutions to homelessness and cost burden for renters and homeowners alike, many progressives lean to ... Show More
37m 9s