The Economics of the Housing Market with Daryl Fairweather

In this episode of Weird Finance, Paco talks to Daryl Fairweather about how economics is fundamentally about decision making, why housing is so expensive, how climate change might impact housing, and the philosophical reasons why a land value tax makes sense.

Daryl Fairweather (@FairweatherPhD) is the chief economist of Redfin. Her insights have been featured on 60 Minutes, CBS Evening News, as well as in the New York Times and Washington Post. Prior to joining Redfin, she was a senior economist at Amazon working on problems related to employee engagement and managing a team of analysts. During the housing crisis, Daryl worked as a researcher at the Boston Fed studying why homeowners entered foreclosure. Daryl received her Bachelor's of Science from the Massachusetts Institute of Technology and received her Ph.D. and Master's degrees in economics at the University of Chicago where she specialized in behavioral economics. Follow Daryl on Twitter @FairweatherPhD.

This episode also features a segment called Ask Paco Anything. Thank you to our anonymous caller for their question about dating while having a vast income and wealth disparity. If you’d like to ask Paco a question, call our hotline at 833-ASK-PACO or email your question to weirdfinancepod@gmail.com

A special thanks to the talented and generous Ramsey Yount for producing, editing, and sound designing this episode. And for being one of the voices in this week’s PSA, along with my friend, Jess Rona.

The theme music was written and performed by Andrew Parker, Jenna Parker, and Paco de Leon.

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