Odd Lots Podcast
I was delighted to be a guest on Bloomberg’s Odd Lots podcast to chat with Joe Weisenthal and Tracy Alloway about mortgage standards and how tight lending after the Great Recession spread the housing shortage nationwide.
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Great hearing you on Odd Lots. Joe and Tracy do a great job. One point that I wish had come up when you all were discussing the 2007 "bubble" and all the people predicting it. Every single one of the predictions were that the bubble would pop when interest rates started rising on the ARMs. Every one of them.
Great episode. What do you think of the data that shows more wealthy people are renting? Is it just interest rates or something more?