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The Politics and Economics of The “Frozen” Housing Market
Published 2 years, 3 months ago
Description
Mortgage rates are high, and housing supply is low, which means buying a home is particularly unaffordable right now.
On Today's Show:
Annie Lowrey, staff writer at The Atlantic and the author of Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World (Crown, 2018), explains why this is, and why it may not get better any time soon.