Lively and in-depth discussions of city news, politics, science, entertainment, the arts, and more. Hosted by Larry Mantle

Is the overheated housing market redefining the 'first-time buyer'

by AirTalk

63913 full
An open house in San Francisco, California. Justin Sullivan/Getty Images

The real estate market is on fire right now. Some see it as a bubble, others think rising interest rates will drive away investors and speculators and spur real buyers afraid of getting stuck with a high interest rate into the market. But the question is, where will those new buyers come from? A new study shows that people with student loans outstanding have a far lower rate of homeownership, and as we take on more and more student debt, who will be the next generation of first-time buyers?

Richard Green, Director of the USC Lusk Center for Real Estate

Chris Thornberg, Founding Partner of Beacon Economics

blog comments powered by Disqus

Enjoy AirTalk? Try KPCC’s other programs.

What's popular now on KPCC