12 min listen
The Housing Market Is Wild Right Now — And It's Making Inequality Worse
The Housing Market Is Wild Right Now — And It's Making Inequality Worse
ratings:
Length:
14 minutes
Released:
Apr 6, 2021
Format:
Podcast episode
Description
Home prices are soaring around the U.S. Amid low inventory and historically low interest rates, some buyers are hitting the market to find they can't compete with all-cash offers, or bidding wars that escalate well out of their price range. Sean Hawksford in Bozeman, Mont., is one of those buyers. He told his story to NPR's daily economic podcast, The Indicator. NPR's Chris Arnold explains why the market is so wild right now. And while homebuying is a big financial decision, it's also an emotional one. Those emotions are on full display in a new Netflix show called Marriage or Mortgage. Michelle Singletary, a personal finance columnist for The Washington Post explores what the show reveals about the homebuying process, and why — in more ways than one — it's not for everyone. Here's her recent column about the show.In participating regions, you'll also hear from local journalists about what's happening in your community.Email us at considerthis@npr.org.
Released:
Apr 6, 2021
Format:
Podcast episode
Titles in the series (100)
Details Emerge On Senate's $2 Trillion Rescue Package: It would be the largest such package in American history. The Governor of New York says more is needed. by Consider This from NPR