AirTalk

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?

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

Chris Thornberg, Founding Partner of Beacon Economics

Help KPCC improve our comments section! Take a 5 minute survey

blog comments powered by Disqus

Enjoy AirTalk? Try KPCC’s other programs.

What's popular now on KPCC