Daryl Fairweather

speaker

131 appearances 4 recordings 3 series first heard Jan 2026 last heard 25 Jun

Daryl Fairweather’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 4 in all, peaking in Jun 2026 with 1.

Appearances

newest first · ▶ plays the moment

Prof G Markets · America Finally Has a Housing Plan. Trump Is Blocking It. · 25 Jun 2026 podcast

When inflation heats up, the Federal Reserve has to raise interest rates in order to suck money out of the economy to get demand to come down and inflation to come down.

And this has a disproportionate impact on the housing market.

The housing market is very interest rate sensitive because you have to borrow in order to buy a home.

So when inflation started going up because of the trade war and then because of the conflict in Iran, that directly made mortgage rates higher.

Mortgage rates for a 30-year fixed rate were 5.99% the day before the conflict in Iran started, and now they're above 6.6%.

So you can definitely see the difference that the conflict in Iran is causing to the market.

And that lowers demand for housing, but it also makes it less likely for homeowners to sell because many homeowners have these record low mortgage rates they got during the pandemic back when everybody was refinancing or buying.

And if they were to give that up and to buy again, they would have to pay much more for that new interest rate.

So these high interest rates are really just suffocating the housing market.

We're seeing near record low amounts of homes being sold because both buyers and sellers can't afford to make it happen when these mortgage rates are so high.

So I don't think that home prices will go down in terms of the sticker price that you see.

But what will happen is that home prices won't go up as much as they would in the absence of this bill allowing more supply to be built.

And we're projecting that over the next decade, home prices will still go up, but they will go up slower than wages and slower than inflation.

And effectively, buying a home will become more affordable over time.

And we can make it more affordable over time even more if we add more supply.

And that's what this bill really does.

It's not just the federal bill.

There's also a lot of action happening at the state level and the local level.

And I think in general, the YIMBYs, the people who have been advocating for more housing supply in general, are winning all across the country.

Thank you.

Showing 41–60 of 131 · page 3 of 7