Economic Insights: October 2024 — Dr. Marci Rossell | Ep. 93
In this episode of the Miami Real Estate Podcast, economist Dr. Marci Rossell explores key economic issues shaping the market as we head into the U.S. election season. She discusses the importance of neutral, cost-effective policies, touching on debates around tip exemptions and student loan forgiveness. Dr. Rossell also sheds light on the global ripple effects of China's ongoing housing market struggles, predicting a four-year road to stabilization. Back in the U.S., she offers a hopeful outlook for the housing market, suggesting that Federal Reserve rate cuts could bring mortgage rates down to 5-5.5%, improving affordability. Tune in for insights on how election results may shape economic policies, the role of Federal Reserve actions, and the need for increased housing supply to meet demand. Host: Jessica Edgerton, Chief Legal Officer - Leading Real Estate Companies of the World Guest: Dr. Marci Rossell, Chief Economist - Leading Real Estate Companies of the World Producer: Vero Paris, Cervera Real Estate