Housing: The Theory of Everything

Friday Focus provides listeners with a focused, half-hour masterclass on the big issues, events and trends driving the news and current events. The show features Janice Gross Stein, the founding director of the Munk School of Global Affairs and bestselling author, in conversation with Rudyard Griffiths, Chair and moderator of the Munk Debates.

The following is a sample of the Munk Debates’ weekly current affairs podcast, Friday Focus.

On this edition of the Friday Focus podcast, Janice and Rudyard spend the show talking about housing and how it has become the “theory of everything” in advanced economies around the world from China to Canada. What are the opportunity costs for nations that are making housing an outsized driver of economic growth? How do high housing costs play into social inequality and intergenerational unfairness? And, what are the implications of trying to curb the now multi-decade “financialization” of housing as an asset? Housing is no longer an issue we can afford not to address, but are we prepared for the costs?

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