EconNerds: Why is the Housing Market Frozen?
Econ Nerds is a digital media channel of the Mercatus Center, focused on illuminating the economics in the world around us through fun, contemporary media.
Why does the U.S. housing market feel broken? Interest rates are high, transaction volume is low, and everyone is worried about affordability.
The vibes aren’t wrong: home sales have collapsed while prices stay stubbornly high. How can a market be terrible for both buyers and sellers at the same time? In this episode of Econ Nerds, we walk through the real economic forces behind the “locked-in” housing market—using Matt’s own (possibly demon-possessed) house as a case study.
NODEHAUS handled the post-production for this piece — from ingesting, editing, motion-graphics animation, sound and color.
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Client: EconNerds, Mercatus Center
Production Co: NODEHAUS
Writer & Host: Matt Hill
Producer, Editing Manager: Roman Hardgrave
Editor: Tran Hoang Calvin
Graphics: Triston Centretto, Emily Mosier, Tran Hoang Calvin
