Where you learn something new every day.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Where In The World A Housing Bubble Might Pop

A silhouetted view of the skyline in Toronto, Ontario, in 2015. (Jim Watson/AFP/Getty Images)
A silhouetted view of the skyline in Toronto, Ontario, in 2015. (Jim Watson/AFP/Getty Images)

Toronto tops this year’s UBS Wealth Management list as the city with the biggest housing bubble risk. In the U.S., the report found Chicago undervalued, while New York and Boston were considered fair value.

Here & Now‘s Jeremy Hobson speaks with one of the study’s authors, Jonathan Woloshin, about how they ranked the list, how interest rates are helping a housing boom and what real estate prices mean for the broader economy.

Copyright 2021 NPR. To see more, visit https://www.npr.org.