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Marketplace®

Daily business news and economic stories
Episode 863Feb 16, 2023

What’s age got to do with it?

Homebuying can be a real dilemma for seniors.

BLACKTOWN, AUSTRALIA - FEBRUARY 14:  A prospective buyer looks at a property before the home auction for a four-bedroom house at 230 Blacktown Road on February 14, 2015 in Blacktown, Australia. The Blacktown home sold for AUD$565,000 at auction today, smashing the reserve set at AUD$1. The Sydney home auction clearance rate is expected to remain high following the Reserve Bank's interest rate cut to 2.25 per cent last week.
BLACKTOWN, AUSTRALIA - FEBRUARY 14: A prospective buyer looks at a property before the home auction for a four-bedroom house at 230 Blacktown Road on February 14, 2015 in Blacktown, Australia. The Blacktown home sold for AUD$565,000 at auction today, smashing the reserve set at AUD$1. The Sydney home auction clearance rate is expected to remain high following the Reserve Bank's interest rate cut to 2.25 per cent last week.
Mark Metcalfe/Getty Images

It’s common for people to relocate or downsize when they get older, but new research shows that age is not working in their favor when it comes to getting a mortgage. We’ll get into it. Also, Tesla workers in Buffalo launched a campaign to unionize last week. Now, some leaders of the drive are getting fired. Plus, guest host Samantha Fields tells us why the early warm weather in the Northeast is creeping her out. And, an owl who escaped from the Central Park Zoo takes on the big city!

Here’s everything we talked about today:

Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. PT 6:30 p.m. ET. We’ll have news, drinks, a game and more.

The Team

What’s age got to do with it?