How the pandemic is creating an odd boom in real estate
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Builders started work on a lot of new single-family homes last month. That's good news. But there's an inequality angle here to look at, too. Plus, what will the next 10 years of global economic development look like?
Segments From this episode
What kind of conclusion about the wider economy can we draw from housing numbers?
Jeffrey Cleveland, chief economist at Payden and Rygel, has more.
"If people don't have money in their pockets, then this type of economy that we have can't work," says Wharton professor Mauro Guillén.
David Brancaccio Host
Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Candace Manriquez Wrenn Producer/Editor
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Rose Conlon Producer
Erika Soderstrom Producer/Director