Home sales in the Hamptons have slowed this year as the rising cost of credit and changes to the US property tax rules discourage buyers from investing in vacation properties along Long Island's south shore. Ben Foldy explains what the local picture might reveal about the US economy. Read Ben's story here

A transcript for this podcast is currently unavailable, view our accessibility guide.

Get alerts on News in Focus when a new story is published

Copyright The Financial Times Limited 2020. All rights reserved.
Reuse this content (opens in new window)

Comments have not been enabled for this podcast.

Follow the topics in this podcast