Williams-Sonoma's stock has soared in a sluggish housing market. Here's how it won over Wall Street
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The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy. #pbsnews #pbsnewshour #mortgage #housing #pbs
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The average rate on a 30-year mortgage is back above 7% for the first time in twenty months. It’s rough news for the housing market and homebuyers already struggling with rising prices elsewhere. It comes as Treasury yields, which impact borrowing costs across the economy, hit multi-decade highs. Amna Nawaz discussed more with David Wessell of the Hutchins Center on Fiscal and Monetary Policy. #pbsnews #pbsnewshour #mortgage #housing #pbs
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Spanish Prime Minister Pedro Sanchez called an early election for November 29 on October 5, in a bid to strengthen his mandate after a fragmented parliament rejected the government's key housing decrees last week amid widespread protests. Facing the electorate now is a risky move as Sanchez's Socialist Party is trailing in opinion polls. However, he has been boosted by proposals to tackle a mounting housing crisis that were well received but were struck down by right-wing MPs on October 2, leadi
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The least affordable housing market on earth, with inequality at its highest since 1971. So why are Rolexes, horse racing and leveraged stocks all booming in Hong Kong? Watches, bets and leverage aren't three trends. They're one: conspicuous despair. When a home costs 141 years of saving, the long shot becomes the rational move, and looking like belonging replaces the impossible chance of actually arriving. #hongkong #rentierblackhole #economics #inequality #behavioraleconomics
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