Episode 23 | The Local Factors Driving Regional Real Estate

Episode 23 | The Local Factors Driving Regional Real Estate
16 de ene. de 2024 · 25m 55s

In this episode of the real estate podcast, host Elizabeth Rowe interviews expert guest Mervin Jebaraj, Director of the Center for Business and Economic Research at the University of Arkansas....

mostra más
In this episode of the real estate podcast, host Elizabeth Rowe interviews expert guest Mervin Jebaraj, Director of the Center for Business and Economic Research at the University of Arkansas. They discuss the Federal Reserve's role in setting interest rates to balance maximum employment and price stability in the economy. Mervin explains common misconceptions about the Fed as well as how they operate independently of political influence. He then outlines the best sources for objective economic data, like the automatic updates on key indicators featured on his center's website. For real estate agents, understanding the regional figures on unemployment, wage growth, population changes, and more can help them better advise clients. Shifting to politics, Mervin notes that housing policy is largely set at the local level. He provides a metric on housing shortages that demonstrates how years of underbuilding compound affordability issues over time. This shows the importance of agents getting informed on their city council's zoning reforms and permit streamlining that accelerate production. On broader economic impacts, Mervin explains why major Northwest Arkansas employers often withstand cycles better than other industries. However, with cost of living rises threatening the area's quality of life advantage, he warns against the consequences other booming cities have faced when housing supply chronically lags behind population and job expansion. Overall, Mervin lends an academic expert perspective to equip agents as authorities on economic realities influencing local real estate.
mostra menos
Información
Autor Adam Robison
Página web -
Etiquetas

Parece que no tienes ningún episodio activo

Echa un ojo al catálogo de Spreaker para descubrir nuevos contenidos.

Actual

Portada del podcast

Parece que no tienes ningún episodio en cola

Echa un ojo al catálogo de Spreaker para descubrir nuevos contenidos.

Siguiente

Portada del episodio Portada del episodio

Cuánto silencio hay aquí...

¡Es hora de descubrir nuevos episodios!

Descubre
Tu librería
Busca