When falling housing prices are good news — and when they're not

Published on June 29, 2026

Booth's Eric Zwick, Joel F. Gemunder Professor of Economics and Finance and Charles E. Merrill Faculty Scholar, joins NPR on Planet Money to discuss how the falling prices of homes can leave owners overstretched, and "underwater". This could come to be as homeowners may take on more debt and owe more on mortgages than their houses are worth. "Lax lending standards" which have caused major issues and crashes in the past was one factor Zwick raised concern with. 

Read the full article and learn more at the NPR website. 

Other news

Chicago newcomer’s unique approach to making friends goes viral

June 22, 2026
This article from WGN explores how Nate Hiser, an Arizona native, worked to navigate new life in Chicago through concepts professed by Nicholas Epley, John Templeton Keller Distinguished Service Professor of Behavioral Science and Neubauer Family Faculty Fellow at Booth. Hiser stopped treating strangers like strangers, and documented his efforts on social media, gaining a large following and furth