Why echoes of the 2006 crisis are haunting the housing market

The video discusses the current stagnation in the housing market, drawing parallels to the 2006 crisis. It highlights the increased duration of home ownership, especially in coastal areas, and contrasts it with quicker turnover in inland cities. The video explores the reasons behind these trends, such as competition and financial constraints, and considers the potential future of the market, including concerns about a downturn affecting the broader economy.

What is one reason experts believe the housing market has become stagnant?

• Increased interest rates

• Longer home ownership tenure

• Decrease in population

• Lack of new housing developments

Which city is noted for having the quickest turnover in the housing market?

• California

• Oklahoma City

• Massachusetts

• Denver

Why are some homeowners hesitant to sell their properties?

• Fear of not finding a new home

• High property taxes

• Decreasing property values

• Lack of buyers

What has been the trend in house prices from August 2017 to July 2018?

• They remained stable

• They fluctuated unpredictably

• They decreased by 6%

• They rose at an annual rate of more than 6%

What concern does economist Robert Shiller have about the current housing market?

• It is too stable

• It resembles the pre-2006 crisis market

• It is growing too slowly

• It is unaffected by economic trends