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Anthony W. Orlando Profile picture
Anthony W. Orlando
@AnthonyWOrlando
Associate Professor of Finance, Real Estate, & Law at @CBACPP Author of "Keeping Races in Their Places: The Dividing Lines That Shaped the American City"
Oct 21, 2018 • 11 tweets • 3 min read
Why are so many Millennials struggling to buy their first home? @hlee82, @ProfDowellMyers, @GaryDeanPainter, Johanna Thunell, & @julieziss have an answer in the Journal of Housing Economics… sciencedirect.com/science/articl… 1/ Half of young renters say they can’t afford the down payment and closing costs to get a mortgage, so how do first-time home buyers overcome the constraint? 2/