The Curious Task Podcast
"Why Are We Afraid Of Building Homes?"
The Institute for Liberal Studies kindly had me on their “The Curious Task” podcast recently to talk about the culmination of the history of housing supply constraints in 2008 and how to understand the housing market since that important moment.
"Why Are We Afraid Of Building Homes?" at the link:
https://www.podbean.com/ew/pb-8ghat-163c9e6
Hey Kevin, this was a great listen. Thanks for sharing.
On the pod, you mentioned that the average credit score of a new mortgage borrower in the last 15 years has gone from 710 to 760. Separately, credit reporting firms also report that credit scores, in general, have gone up (680 to 710) over the same time and that US households are generally less levered.
Are we just seeing the overall increase in credit scores in that metric you mentioned rather than the impact of increase mortgage market regulation? Or is something else going on (credit score model updates, etc.)?