Housing View – April 22, 2022

On cross-country:

  • These Are the World’s Most Affordable and Least Affordable Cities to Buy a Home – Bloomberg
  • We Need Public Housing, Not Affordable Housing. Homeownership is out of reach for millions in Canada and the US. One well-meaning response to this crisis has been to call for more affordable housing. But we should be demanding more social housing instead. – Jacobin

On the US:    

  • Inflation, Interest and the Housing Paradox – New York Times
  • Are We Approaching Bubble Territory in the U.S. Real Estate Market? – Realtor 
  • US homebuilders say materials are getting easier to find – Quartz
  • The case for granny flats. Adding density would boost housing supply and lower emissions – The Economist
  • Demographics, COVID-19 Leave Construction with Tight Labor Supply – St. Louis Fed  
  • Changing Minds on Restrictive Zoning: How to Unclog America’s Home Supply – Manhattan Institute
  • Concentration in Homebuilding Driven by a Few Large Builders – Harvard Joint Center for Housing Studies
  • High Building Materials Prices Erode Preference for New Construction – NAHB
  • What’s Ahead for Cities & Real Estate – Wall Street Journal
  • Are Some Homebuyers Strategically Transferring Climate Risks to Lenders? – Richmond Fed  
  • Property taxes lagged in 2021 — even as real estate prices soared – Axios
  • The Sky-High Pandemic Housing Market Finds Gravity Does Exist. Mortgage costs have jumped as the Federal Reserve has raised rates. With higher rates come fewer offers – New York Times
  • Decade-High Mortgage Rates Pose Threat to Spring Housing Market. Demand remains strong, but borrowing rates are climbing at fastest pace in years – Wall Street Journal  
  • Housing Market Fever Starts to Break in Boise – Bloomberg
  • Homeowner Groups Seek to Stop Investors From Buying Houses to Rent. Suburban neighborhoods are rewriting rules as rental investors’ purchases surge – Wall Street Journal
  • Home Costs and Rents Are Soaring. When Buying Makes Sense – Barron’s
  • Higher Rates Start to Cool Canada’s Hot Housing Market. Transactions fall 5.4%, their biggest drop in nine months. Benchmark prices up 27% year-over-year on shortage of homes – Bloomberg

On other countries:  

  • [Australia] Australia’s COVID-19 pandemic housing policy responses – AHURI
  • [Canada] Canada Wants to Double Home Construction But Needs to Find Workers – Canada
  • [Germany] Constraints on bank lending unlikely to halt upward residential price spiral – REFIRE
  • [Greece] Housing markets, the great crisis, and metropolitan gradients: Insights from Greece, 2000–2014 – IDEAS
  • [United Kingdom] House prices to fall? Definitely, but not quite yet. While values are high, real interest rates are negative, making homes surprisingly affordable – FT

Posted by at 5:00 AM

Labels: Global Housing Watch


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