In this discussion, Smart Prosperity Institute economist Mike Moffatt and journalist Cara Stern read a viewer email from Atanas Georgiev of Niagara-on-the-Lake, Ontario, who is wondering about potential negative side effects of a deflationary housing market if there is a drastic increase in housing supply. They explore the definition of affordability and the various pathways to achieving it, including reducing expenses, lowering interest rates, and increasing wages. They also discuss the possibility of building more supply in walkable neighborhoods and the potential impact on home prices.
Hosted by Mike Moffatt & Cara Stern
Produced by Meredith Martin
This podcast is funded by the Neptis Foundation and brought to you by the Smart Prosperity Institute.
In this discussion, Smart Prosperity Institute economist Mike Moffatt and journalist Cara Stern read a viewer email from Atanas Georgiev of Niagara-on-the-Lake, Ontario, who is wondering about potential negative side effects of a deflationary housing market if there is a drastic increase in housing supply. They explore the definition of affordability and the various pathways to achieving it, including reducing expenses, lowering interest rates, and increasing wages. They also discuss the possibility of building more supply in walkable neighborhoods and the potential impact on home prices.
Hosted by Mike Moffatt & Cara Stern
Produced by Meredith Martin
This podcast is funded by the Neptis Foundation and brought to you by the Smart Prosperity Institute.