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Some Who Rushed To Buy Homes During The Pandemic Now Regret It

Some Who Rushed To Buy Homes During The Pandemic Now Regret It

FromConsider This from NPR


Some Who Rushed To Buy Homes During The Pandemic Now Regret It

FromConsider This from NPR

ratings:
Length:
12 minutes
Released:
Mar 16, 2022
Format:
Podcast episode

Description

The pandemic created a spike in demand for housing that sent real estate prices through the roof. Which means a lot of Americans could no longer afford to buy, while many of those who could are now experiencing buyer's remorse. NPR heard from many new homeowners who made compromises as they rushed to buy. Some even waived inspections or moved sight-unseen. Hyojung Lee, a professor at Virginia Tech, explains how low interest rates, lockdowns and a desire to stop renting created the real estate scramble. In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.Email us at considerthis@npr.org.
Released:
Mar 16, 2022
Format:
Podcast episode

Titles in the series (100)

Every weekday afternoon, the hosts of NPR's All Things Considered help you make sense of a major news story and what it means for you in 15 minutes. In participating regions, you'll also hear from local journalists about what's happening in your community.