Mark Zandi, the chief economist of Moody’s Analytics, breaks down the queasy state of the U.S. housing market. The housing market is facing a painful reset as the Federal Reserve raises interest rates to reduce inflation. Zillow, the government and the government are telling you that rent prices are still accelerating around this time of year. China’s extremely bizarre year is affecting our economy, and the global synchronized decline in housing is also a problem. If you have questions, observations, or ideas for future episodes, email PlainEnglish@Spotify.com.Read Long Article
