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In cities across Canada, the US and other parts of the world, the cost of living continues to rise -- and housing becomes increasingly unaffordable. Rental rates outpace inflation. Owning a home becomes virtually impossible for millions. Economists have debated the usual causes of this crisis for years... but it appears there's a variable many people haven't considered, something a little stranger than domestic supply and demand. Investors from across the planet are pouring money into real estate, not for a home, but as a safe haven for storing cash. Tune in to learn more.
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array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/2e824128-fbd5-4c9e-9a57-ae2f0056b0c4/image.jpg?t=1749831085&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }On the Gist, there is a lot of uncertainty between now and January.
In the interview, we share part one of Mike’s conversation with David French about his new book Divided We Fall: America's Secession Threat and How to Restore Our Nation. French argues that reconciling differences within the U.S. is more than just bridging political divides. Opposing identities require broad ideological coalitions in government that seek to soothe cemented divisions and heal citizens who feel disenfranchised. Part two of the interview is tomorrow.
In the spiel, giving credit where credit is due.
Email us at thegist@slate.com
Podcast production by Daniel Schroeder and Margaret Kelley.
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Dire prediction: two thousand coronavirus deaths a day by Christmas. President Trump fires cyber security official. Boeing 737 Max cleared for takeoff. CBS News Correspondent Steve Kathan has today's World News Roundup.
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America’s outgoing president is sticking with an insidious fiction, lashing out at those who deny it. That frustrates a stable handover of power—and will cost lives. Egypt has a long-standing problem with sexual harassment and abuse. A reckoning has begun this year, revealing some deeply conservative views among both men and women. And why streaming-era television programmes have got so long.
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Joe Biden and his chief of staff have negotiated a massive fiscal stimulus package before. How should the incoming administration regard the 2009 Recovery Act -- as a blueprint, or a cautionary tale?
Guest: Mike Grunwald, senior writer for Politico Magazine and author of The New New Deal: The Hidden Story of Change in the Obama Era.
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Joe Biden and his chief of staff have negotiated a massive fiscal stimulus package before. How should the incoming administration regard the 2009 Recovery Act -- as a blueprint, or a cautionary tale?
Guest: Mike Grunwald, senior writer for Politico Magazine and author of The New New Deal: The Hidden Story of Change in the Obama Era.
Slate Plus members get bonus segments and ad-free podcast feeds. Sign up now.
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