Editor's Note: Click the play button below to listen to a new conversation between hedge fund manager and MacroVoices podcast host Erik Townsend and Hedgeye Housing analyst Josh Steiner. (Click here to get a special offer on Market Edges, our weekly macro newsletter.)
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Erik Townsend welcomes Josh Steiner to MacroVoices. Erik and Josh discuss:
- Macro drivers of the Canadian and Australian real estate markets
- Canada’s "Minsky Moment"
- Turning up the heat with policies
- Impact on Canadian Banks
- Australian one-cylinder economy
- Perspective on the Australian construction boom
- Negative gearing in Australia and home equity withdrawal
- Considerations on U.S. real estate
- There is still room to run in the U.S. markets
