June 1, 2022
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11:07Now PlayingWant happens when the housing bubble bursts? It is easy to see when it has happened but spotting a collapse ahead of time is difficult.
Prices have gone crazy in the past few months, but what has caused it? Interest rate increases? Inflation? Pre-burst boom?
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Professor Richard Wolff joined Thom to talk about the housing bubble and whether we are heading for 2007-2008 all over again.
Bio: Prof. Richard Wolff is an Economist / Co-founder, Democracy At Work / Author of numerous books - his latest is The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself (also available as an eBook)
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