'Housing Recession?' How the Beleaguered Real Estate Market Tells the Story of the Broader Economy

Homebuilder sentiment is down for the ninth consecutive month.

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ABOUT

This episode is sponsored by Nexo.io, Chainalysis and FTX US.

On today’s episode, NLW looks at the housing market, which has shifted dramatically in the last six months. Mortgages today cost more than double what they did last year – the biggest year-over-year jump since those numbers started being recorded in 1975. Homebuilder sentiment is down for the ninth consecutive month – the first time that’s happened since 1985. All in all, the picture being painted isn’t pretty. Is it a “housing recession?”

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “Razor Red” by Sam Barsh and “The Life We Had” by Moments. Image credit: Cemile Bingol/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.