Where Are Home Prices Headed Next After a Tumultuous Year?
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 28 December 2022
⏱️ 14 minutes
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| 0:00.0 | Busy making budget plans for the business year ahead, we've got you covered. |
| 0:05.6 | Switch to three business and choose from the latest handsets with unlimited data in our winter sale. |
| 0:10.6 | Woohoo! |
| 0:11.6 | Plus, our business price promise means if you find a cheaper deal from one of our biggest competitors, we guarantee you to beat it. |
| 0:18.2 | Search three business or visit us in store. |
| 0:21.2 | Business price promise means we'll beat it directly. |
| 0:24.4 | Quit you've been given my e-vote for No.02 for business plans by at least £1 per month, terms apply such three business price promise. |
| 0:34.4 | It's Wednesday, December 28th. |
| 0:36.4 | I'm Danielle Chazlo for The Wall Street Journal, and this is What's News. |
| 0:41.0 | All this week, we're taking a look at some of the biggest changes this past year brought to our lives and our livelihoods. |
| 0:47.6 | The business community and geopolitics. |
| 0:50.4 | We're hearing from a range of experts in their fields who've got a perspective on what's driving change and where things could go from here. |
| 0:58.0 | Today, we're going to talk about the cost of housing, why it's become so high, and whether the federal reserves policies are enough to bring prices down. |
| 1:07.6 | The Federal Reserve, I can interest rates, is indeed having an impact on the housing market. |
| 1:14.4 | There's a number of analysts who are predicting pretty significant declines in housing prices and for sale prices over 2023. |
| 1:23.4 | The major risk with them doing that, though, is that in the process, they're really hurting housing construction. |
| 1:30.0 | That's Paul Williams, the founder and director of the Center for Public Enterprise. |
| 1:34.8 | It's a think tank that aims to lower the cost of housing and other goods by growing the role of the public sector. |
| 1:40.6 | Coming up, he'll talk about what we might expect for housing affordability next year. That's after their break. |
| 1:54.6 | Flying cars, robot doctors, even living on other planets. |
| 2:02.2 | Right now, the stuff of science fiction seems almost within our grasp. |
| 2:06.6 | But making these ideas a reality, that's going to be an adventure. |
... |
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