Natwest's Girard Says Pessimism on U.S. Economy 'Overdone'

The video discusses the current state of the US economy and housing market, highlighting the impact of interest rates on housing demand and construction. It explores regional housing dynamics, particularly in urban areas like San Francisco and New York, and the influence of foreign investment. The video also examines credit quality and lending standards, noting a slight easing in standards. Finally, it addresses the challenges of housing affordability, especially for entry-level homes, and the role of wage growth and demographic trends in shaping the market.

What are the expectations for housing starts in the coming years?

How does the demographic shift of millennials affect the housing market?

What role do lending standards play in the current housing market dynamics?