Fannie Mae Economist Sees Homebuilding Supply Demand Rising

The video discusses the impact of infrastructure spending on economic growth, highlighting its long-term benefits in improving economic efficiency, similar to the historical impact of the Interstate Highway System. It also addresses current inflationary pressures and supply chain frictions, noting that some are transitory, such as those in the airline and auto industries. The video further examines the housing market, focusing on the significant rise and recent decline in lumber prices, and how these affect construction costs and demand.

What are the expected long-term benefits of infrastructure improvements?

Discuss the changes in lumber prices and their implications for builders.