Housing: Locked In, Locked Out, Locked Up

Chris Avallone, Head of Merchant Banking at Amherst, joins the Inside Economics crew to discuss the housing market.  The group examines the "lock-in" effect keeping existing homeowners in their homes and the "lock-out" effect preventing aspiring homebuyers from realizing their dreams.  Chris describes a playbook that local governments could use to address zoning and free up the "locked up" housing market.  After a quick stats game, Mark polls the group for their forecasts for when and how the housing market will normalize. The recording of this podcast took place before the results of the 2024 election.For Cris's paper on the Housing Deficit and Housing Affordability click hereGuest: Chris Avallone, Head of Merchant Banking at The Amherst GroupHosts: Mark Zandi – Chief Economist, Moody’s Analytics, Cris deRitis – Deputy Chief Economist, Moody’s Analytics, and Marisa DiNatale – Senior Director - Head of Global Forecasting, Moody’s AnalyticsFollow Mark Zandi on 'X' @MarkZandi, Cris deRitis on LinkedIn, and Marisa DiNatale on LinkedIn Questions or Comments, please email us at [email protected]. We would love to hear from you.  To stay informed and follow the insights of Moody's Analytics economists, visit Economic View. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.