Housing Discussion with Fortune's Lance Lambert

And an article on Household Formation

On Friday, Fortune’s Lance Lambert and I discussed the US housing market.

Lance Lambert @NewsLambert

If you missed it, here’s my chat with Bill McBride (@calculatedrisk) 👇🏡

FORTUNE @FortuneMagazine

Missed our Twitter Space? 🏠 Catch up on the housing market’s downturn (and what happens next) featuring @NewsLambert and @calculatedrisk. https://t.co/EiAkvdLTi9

Click here for audio

One of the key topics was household formation. Here is an excellent summary article by Katie McKellar at desert.com: The most ‘underreported’ factor influencing housing market, according to Calculated Risk

Bill McBride, author of the economics blog Calculated Risk, said there’s a key reason why both rent and home price growth is slowing amid the U.S. housing correction playing out today.

In a live Twitter Space hosted by Fortune Magazine on Friday, McBride called it the most “underreported” factor.

What is it? Household formation — both because of how much it accelerated amid the COVID-19 pandemic and how it’s slowing down now.