This week in business: A housing plateau collides with an AI reality check
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This week in business: A housing plateau collides with an AI reality check
"Moody's Analytics chief economist Mark Zandi expects the U.S. housing market to spend the next decade slowly working off the excesses of the pandemic era, with prices rising roughly in line with inflation and no real gains once you adjust for it. After the massive run-up in prices and the mortgage rate shock, he sees existing home sales staying frozen for years as affordability gradually improves."
"Moody's projects nominal home prices will climb about 23.5% between December 2025 and December 2035, with modest declines likely in parts of the South and West and more stability in the Northeast and Midwest. Zandi also points to long-term headwinds like restrictive immigration that could limit construction labor, and to higher Treasury yields that may keep mortgage rates closer to 6%."
Politics, memes, and protest movements are colliding with the economy and reshaping behavior across markets, retail, and elections. Investors who profited from AI and crypto gains are facing momentum reversals described by terms like "death cross" and profit-taking. Retailers head into the holidays aware that a portion of shoppers plan to abstain from spending as a political act. Housing is projected to post roughly decade-long flat real prices, with nominal gains concentrated between 2025 and 2035 while existing sales remain stagnant and affordability only slowly improves. Structural headwinds include restricted immigration and higher Treasury yields keeping mortgage rates elevated. A presidential insult has become a viral meme that reframes local politics as national debates over socialism, faith, and economic justice.
Read at Fast Company
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