Hellow guys, Welcome to my website, and you are watching A Guggenheim Executive's Radical Plan to Build Millions of New Homes | Odd Lots. and this vIdeo is uploaded by Bloomberg Podcasts at 2024-07-18T07:45:40-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | A Guggenheim Executive's Radical Plan to Build Millions of New Homes | Odd Lots |
| Video Uploader | Video From Bloomberg Podcasts |
| Upload Date | This Video Uploaded At 18-07-2024 14:45:40 |
| Video Discription | According to numerous estimates, the US is massively short of housing. Zillow, for instance, says America needs to build 4.5 million new homes to climb out of this deficit. But right now we're not coming anywhere near to closing that gap. And in fact, the efforts by the Federal Reserve to tame inflation have likely made things worse, with higher interest rates slowing the construction of multi-family dwellings. So is there a way to create more homes, even in a time of high rates? In this episode, we speak with Jim Millstein, co-chair of Guggenheim Securities and a former Treasury Department official who managed the restructuring of AIG after the 2008 financial crisis. Millstein has drawn up a plan whereby Fannie Mae and Freddy Mac can enter the market for construction finance and re-start it. He walks us through how — with their existing legal authority — these two entities could make hundreds of thousands of new affordable homes come to the market each year. Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets. A Guggenheim Executive’s Big Plan to Build Millions of New Homes: https://www.bloomberg.com/news/articles/2024-07-18/how-fannie-and-freddie-could-help-build-more-homes-in-us A potentially powerful new role for Fannie and Freddie. Jim Millstein, the Guggenheim Securities co-chair and former US Treasury official, has a plan to build millions of additional homes in America. In an interview on the Odd Lots podcast, Millstein lays out a new approach that leverages the unique capacity of the government-sponsored enterprises (GSEs) known as Fannie Mae and Freddie Mac, to jumpstart the production of affordable apartments and other multifamily projects. At issue, he says, is the evolution of the US housing market in the aftermath of the financial crisis and the impact of higher interest rates at a time when the Federal Reserve is still trying to tamp down inflation. Read more: A Guggenheim Executive’s Big Plan to Build Millions of New Homes -- https://www.bloomberg.com/news/articles/2024-07-18/how-fannie-and-freddie-could-help-build-more-homes-in-us Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Check out more Odd Lots: https://youtube.com/playlist?list=PLe4PRejZgr0MuA6M0zkZyy-99-qc87wKV Get the Odd Lots newsletter via https://www.bloomberg.com/account/newsletters/oddlots And for all things Odd Lots, visit https://www.bloomberg.com/oddlots Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake #Bloomberg #Podcast #OddLots Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts For coverage on news, markets and more: http://www.bloomberg.com/video |
| Category | News & Politics |
| Tags | Joe Weisenthal | Tracy Alloway | bloomberg | bloomberg odd lots | bloomberg podcast | odd lots | odd lots bloomberg | odd lots podcast | odd lots show |
