From Florida’s Downturn To The Winner’s Curse: How Economics Affects The Markets And Our Lives
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From Florida’s Downturn To The Winner’s Curse: How Economics Affects The Markets And Our Lives
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What’s driving today’s housing market shifts? How can economic principles help us navigate life and career choices?
Daryl Fairweather (Redfin) joins Richard K. Green (USC Lusk Center for Real Estate) and offers a glimpse at US housing markets before diving into insights from her new book *Hate the Game*. The conversation starts with Florida’s drop in home price appreciation, California’s middle-of-the-pack performance, and the Midwest’s rise before turning to Fairweather’s career journey from academia to tech.
Highlights include:
- Key factors in the Midwest and Rust Belt’s turnaround
- How insurance costs and HOA fees are changing the condo market in Florida and beyond.
- What economic exams for PhDs tell us about the kind of talent they seek.
- How economic tools like backward induction can help leverage promotions.
- Why winning a home buying bid could be worse than losing.
More: http://lusk.usc.edu/perspectives