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"The name of the game here for retailers, but Denise down hoffy researches consumer behavior of the Conference Board. One does though if those people do become longtime loyal shoppers with subscription models. That's always the question. I how long will people stay with you. You know, whether they be tired of getting subscription boxes at some point to they want more variety. And will they go to some other stool, oh website to find it? I'm Jack Stewart from occupies we are going to do some housing later in the program. But there is some new analysis. From the Federal Reserve Bank of New York that merits a mention here. One of the questions rates when the tax code was overhauled at the end of two thousand seventeen was what impact is it going to have on the housing market? The new tax law has a lot of people found out the other day limited a couple of big deductions. The made it cheaper to own a home specifically deductions for mortgage interest and property taxes. There still is not a definitive answer to that question. But the New York fed is working on it as marketplace's Marielle Sagarra tells us new home sales have been falling by almost eight percent from October twenty seventeen to September twenty eighteen according to the New York fed one likely factor mortgage interest rates went up during that time making home ownership less, affordable, the New York fed thinks the tax law also played a role. The fed wasn't able to give us an interview in time for our deadline, but we're gonna walk through its findings with itchy Roman. Chief economist at Trulia, the federal court, basically said this it says we'd had three episodes in recent years where interest rates have gone up more or less. In the same scale that they that they did last year. But in the two previous cases, overall home sales stayed the same or actually went up and this time, they're falling. And they say what's different about this time, and they point to the tax cut being being factor. Here is other data supporting the feds argument realtor dot com looked at what it called high impact counties places where a high concentration of people saw their ability to take the mortgage interest deduction limited by the new tax law. Daniel HALE chief economist says, they found that while home sales are falling in general for on is much more pronounced in high impact markets. So that does suggest that the tax and is having an impact on fine housing market. Even so is he Roman at truly as says, there's another factor here besides interest rates and the tax law, and he thinks it's the biggest one home prices have been going up. There's an affordability feeling being hit in some of the more expensive metros. Especially along the west coast, and that can put a damper on home sales to a Mariel Sagarra for marketplace. Wall Street on this Tuesday was strangely. Calm. I thought we'll have the details. When we do the numbers. With tax season in the books.."