16 Aug 2024
9m

Mortgage applications, China's housing and ... Carrie Bradshaw?

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The Indicator from Planet Money

This podcast episode delves into the dynamics of the housing market, highlighting a significant 16.8% jump in mortgage applications due to decreasing interest rates while also shedding light on China's ongoing housing slump which has persisted for 13 months, prompting government intervention. Additionally, the episode introduces the Carrie Bradshaw Index, revealing a notable increase in affordable cities for single individuals across the U.S., showcasing a shift in rental affordability that reflects broader economic changes.

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