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The David McWilliams Podcast

With interest rates going up, housing market is heading down

The David McWilliams Podcast

David McWilliams

News & Politics

4.6643 Ratings

🗓️ 20 September 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

Housing is a global asset class now and now that rates are rising, lots of leveraged property funds are likely to go bust. How is this going to play out and what does it all mean?

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Transcript

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0:00.0

How you doing there? Just a quickie before we start on the Apple podcast. Why don't you double click on David McWilliams Plus? It's right there when you open the podcast. You get ad free. You unlock early access. Just double click. And away you go. David McWilliams Plus. You get this pure and simple.

0:27.9

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1:01.8

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1:21.1

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1:28.1

To understand the economy, you have to understand human nature.

1:33.6

This podcast is powered by ACAST.

1:37.0

How you doing there?

1:42.6

Kill Economics, John, the world's only festival of comedy and economics.

1:45.5

Sometimes it's hard to distinguish who's the comedian,

1:54.0

who's the economist. But it is November the 3rd to the 6th in Kilkenny. One city, three nights,

2:03.7

50 plus events. Get your tickets at kilkenomics.com. Anyway, John and I are sitting here talking about the drummer of the Arctic Monkeys. And I was amazed by the fact that this is a guy. I think his name is Helders.

2:08.2

And I was watching them, right? I was just talking about gigs to John there. And he not only

2:13.7

was he keeping the whole rhythm section together, right? Yeah, yeah. But he was drumming and he was singing falsetto with a mic that was kind of stuck, right?

2:22.7

Just to the left-hand side of his beak, right?

2:25.0

And I was just thinking, this is a guy who can drum.

...

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