All Wilmington Wire Posts

Is it the Economy, Stupid?

Luke Tilley and Rhea Thomas |
Wilmington Wire
Julia_Sudnitskaya

October 30, 2020 — Yes, like many others we’re harkening back to James Carville’s famous statement from the 1992 election of the importance of the economy to voters. The trite expression would likely have been retired by now were it not so accurate. Yet in 2020, it comes with the caveat that this year’s recession was brought on by the most exogenous of events, a global pandemic, and less likely to be pinned on whoever is currently at the wheel.

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The Housing Market and the Recession: This Time Really is Different, But Will it Last?

Rhea Thomas |
Wilmington Wire
Chainarong Prasertthai

October 16, 2020—The housing market’s role as one of the key drivers of the current recovery has been notable and stands in stark contrast to its role as a key driver of the last recession (2008–2009). The housing market’s surprising resilience is due in part to pandemic-induced demand for housing, in addition to ultra-low interest rates and pre-pandemic demographic trends.

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