Some Who Rushed To Buy Homes During The Pandemic Now Regret It
Consider This from NPR · NPR
March 16, 202211m 42s
Audio is streamed directly from the publisher (prfx.byspotify.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The pandemic created a spike in demand for housing that sent real estate prices through the roof. Which means a lot of Americans could no longer afford to buy, while many of those who could are now experiencing buyer's remorse.
NPR heard from many new homeowners who made compromises as they rushed to buy. Some even waived inspections or moved sight-unseen.
Hyojung Lee, a professor at Virginia Tech, explains how low interest rates, lockdowns and a desire to stop renting created the real estate scramble.
In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.
Email us at [email protected].
To manage podcast ad preferences, review the links below:
See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
NPR Privacy Policy
NPR heard from many new homeowners who made compromises as they rushed to buy. Some even waived inspections or moved sight-unseen.
Hyojung Lee, a professor at Virginia Tech, explains how low interest rates, lockdowns and a desire to stop renting created the real estate scramble.
In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.
Email us at [email protected].
To manage podcast ad preferences, review the links below:
See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
NPR Privacy Policy