Global capital markets have transformed housing and real estate markets all over the world. A “global wall of money” in search of safe assets is in the process of changing Real Estate. Today, many nations are experiencing an affordability crisis. 

What can be done? 

What are the roots of this crisis?

Join our interview with special guest, Gregory W. Fuller, Assistant Professor at University of Groningen. Author of the book “The Political Economy of Housing Financialization”, Greg proposes his interpretation of what’s happening and provides a number of policy suggestions intended to redress the interactions of housing, economic stability, and inequality.

Enjoy listening! 

What we learned from Greg Fuller in this episode:

• How is housing related to the concept of true wealth? 
• What’s the housing status in post-COVID season? (… a look at the unique thing in this season.)
• How national housing systems diverge in terms of their commodification and financialization.
• Are we now achieving financial equality when it comes to housing affordability?  
• The Safe Assets Shortage Conundrum — what’s happening in today’s economy? 

Success Quotes:

“It’s hard to talk about wealth in any meaningful sense without talking about houses.”

Timestamp:

00:00 – Intro

01:16 – Greg shares his background and how he was able to attain what he has today. 

03:56 – What’s the relationship of housing in true wealth? (… let’s hear what Greg has to say.)

06:53 – What is the unique thing in post-COVID?

09:19 – Is today’s season the season of equality when it comes to financial accessibility?

12:58 – How is it that housing became the store of middle class wealth? (… a history of why it became the generative of inequality.)

20:31 – Greg talks about The Safe Assets Shortage Conundrum and how it affects the current economy. 

23:57 – Outro