A Tale of Two Housing Markets

A Tale of Two Housing Markets

Skimm This - September 4, 2020 - 26:35

All eyes were on President Trump this week as he visited Kenosha, Wisconsin, where Jacob Blake was shot last month. The shooting prompted protests and reignited calls for police reform and racial justice. But the President’s mind was on something else: “domestic terror.” We’ll break down why criminal justice experts say that definition for protests in Kenosha and around the country doesn’t quite fit. Also: new CDC guidance is causing some people to question the COVID-19 death rate. Now, epidemiologists are trying to separate fact from fiction so that misinformation doesn’t cloud this public health crisis. And our big story of the week: a tale of two housing markets. On the one hand, mortgage rates are low and big cities are losing residents to the suburbs. But on the other: inventory is down, causing home prices to skyrocket. We’ll explain why this matters, whether or not you’re in the market for a new place. And finally, we’ve got the latest on summer blockbuster season. Grab your popcorn. On this episode, you’ll hear from: Laura Dugan, professor of criminology, University of Maryland Mahlissa Martin, first-time homebuyer Diana C. Minshall, Sotheby's International Realty agent Michael Neal, senior research associate, Housing Finance Policy Center at the Urban Institute Jonita Davis, film critic, TheBlackCape.com Let us know what questions you have about what’s going on in the news right now. Email us at audio@theskimm.com or call and leave us a voicemail at: 646-461-6370. You might hear your message on the show. If you want to add theSkimm to your daily routine, sign-up for our free newsletter the Daily Skimm. It’s everything you need to know to start your day, right in your inbox. Skimm'd by Ellen Burke, Alex Carr, Marion Lozano, and Luke Vargas.

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“Skimm This” is a weekly news program that breaks down important stories from the past week and adds context and clarity to answer the questions on your mind. Every Friday morning.