
Better Housing Policy Might Be the Best Climate Policy for the US
Building dense, mixed-use and largely car-free neighborhoods cuts carbon — and the benefits don’t stop there.
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Building dense, mixed-use and largely car-free neighborhoods cuts carbon — and the benefits don’t stop there.
The late Nobel Prize-winning economist Paul Samuelson once quipped that Wall Street had predicted nine out of the last five recessions. This time, the stock market may be right.
China’s move to slash a key interest rate by a record amount is improving the outlook for the nation’s assets as it raises hope that real support for the economy is starting catch up with policymakers’ rhetoric.
Chinese banks cut a key interest rate for long-term loans by a record amount, a move that would reduce mortgage costs and may boost weak loan demand amid a property slump and Covid lockdowns.
New Zealand will narrowly avoid recession next year as rising interest rates and falling house prices hit demand, according to the Treasury Department.
Jan 20, 2022
Bloomberg News
,(Bloomberg) -- Listen to Odd Lots on Spotify Listen to Odd Lots on Apple Podcasts
Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
If you wanted to buy a home in 2021, you probably found it a frustrating experience, rife with a shortage of options, and intense bidding wars. Well? Bad news: So far, things are even hotter in 2022. So what's going on? Where are all the homes disappearing to? Why is there nothing for sale? Why are people happy to place higher and higher bids? On this episode we speak with Mike Simonsen, the CEO and founder of the real estate data provider Altos Research, to explain the acute and long-term trends driving the market.
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