Skip to main content

Moody's economist Mark Zandi claims that the housing market was already in decline prior to the recession.


Mark Zandi, Moody's Analytics chief economist, joins "The Exchange" to discuss how rising rates will hit the real estate market. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV ...(read more)


BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
The housing market has been a hot topic in recent years, with many experts predicting both steady growth and potential declines. However, according to Moody's economist Mark Zandi, the housing market was already dropping into recession before the COVID-19 pandemic hit. Zandi argues that despite record-low unemployment rates and consistent economic growth in the years leading up to 2020, the housing market was already showing signs of a downturn. He points to several indicators, including a shift towards renting instead of buying, slow home price growth, and decreasing demand in certain regions. One major factor contributing to the housing market's decline was the lack of affordable homes for sale. Zandi notes that while wages and job opportunities had improved for many Americans, the cost of homeownership remained high in many areas. This meant that many potential buyers were simply priced out of the market, leading to decreased sales and a slowdown in new construction. Furthermore, Zandi points out that the housing market was beginning to show signs of oversupply in certain regions. In areas where there was an influx of new construction, such as the Southwest and Southeast, the market was becoming saturated and there were fewer buyers willing to purchase new homes. While the COVID-19 pandemic has certainly exacerbated these issues, Zandi argues that the housing market was already on a downward trend in the years leading up to 2020. He warns that the pandemic has only accelerated these trends and could lead to even more significant declines in the future. Zandi's findings highlight the importance of keeping a close eye on the housing market and understanding the factors that contribute to its health. While many individuals and businesses were caught off guard by the pandemic's impact on the housing market, economists like Zandi offer valuable insights to help predict and prepare for future challenges. https://inflationprotection.org/moodys-economist-mark-zandi-claims-that-the-housing-market-was-already-in-decline-prior-to-the-recession/?feed_id=82566&_unique_id=6424682a80fcc #Inflation #Retirement #GoldIRA #Wealth #Investing #breakingnews #business #CNBC #economy #Finance #investing #kellyevans #money #news #newsroom #politics #Stocks #theexchange #WallStreet #RecessionNews #breakingnews #business #CNBC #economy #Finance #investing #kellyevans #money #news #newsroom #politics #Stocks #theexchange #WallStreet
Labels:

Comments

Post a Comment

Popular posts from this blog

This is how Gold Performs when Inflation is High | Gold Investing | Hedge Against Inflation

Get free access to our latest research idea instantly. Visit: Is gold the best hedge against inflation? Find out… Gold is back in the news as inflation soars. Investors are once again showing interest in the yellow metal as a hedge against inflation. But what do the charts say? How well does gold perform when inflation is high? Find the answer in this video. #Gold #Hedging #Inflation *Stay Connected with Brijesh Bhatia*   △ Brijesh Bhatia’s YouTube Playlist: △ Brijesh Bhatia’s Telegram Channel: △ More on Brijesh Bhatia: △ Brijesh Bhatia Latest Ideas:  *Stay Connected with Equitymaster* ✅ Latest Research Idea: ✅ Free Reports: ✅ Telegram: ✅ Twitter: ✅ Google News: This video is for information purposes only. It is not a stock recommendation and should not be treated as such. Please read our Terms of Use and Privacy Policy here - ... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: ...
Post a Comment
Read more

Yandel&Feid - Yandel 150 - Zumba®fitness with Ira @yandel

✔ Subscribe to Channel - ✔Instagram - ✔Facebook - You like this video - PUT A THUMBS UP AND LEAVE COMMENTS! ----------------------------------------------------------------------------------------------------------- Hello! I'm irina goron, and I live in Jerusalem. I've been a ZIN™ Member since Mar 2011 and I absolutely love teaching Zumba classes. The reason is simple: Every class feels like a party! I am currently licensed to teach Zumba, Zumba® Toning, Zumba Sentao®, Zumba Gold®, Zumba® Kids & Kids Jr., Zumba® Step. Come join me, I guarantee you will have a blast! Got questions, don't hesitate to drop me a message! ----------------------------------------------------------------------------------------------------------- Jerusalem 2020! Enjoy my zumba friends! Song: Yandel&Feid - Yandel 150 Choreo: Ira Goron... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver...
Post a Comment
Read more

What is Required Minimum Distribution for IRA's, 401K's, etc?

Visit my Channel URL for more related videos. Here’s the link: CLICK COMMENTS BELOW TO SEE MORE. A FREE eBook, MY FREE CATECHISM and MY FREE BIBLE HISTORY (made up of The New Testament and The Old Testament), have the following features: 1. They have an imprimatur, which means it is approved by the Catholic Church. 2. They are up-to-date, but written from a conservative, traditionalist standpoint. 3. They are illustrated with plenty of colorful illustrations, which make the book interesting and easier to read. 4. The eBook, MY FREE CATECHISM, is written in question-and-answer format. Request your FREE copy of MY FREE CATECHISM here: Request your FREE copy of THE BIBLE HISTORY here, which comes in two volumes: The Old Testament and The New Testament: Link from AARP: Link to IRS website: ... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Bac...
Post a Comment
Read more