In 2019, 41 percent of Asian Millennial renters cited the monthly mortgage payments as a financial obstacle to homeownership, whereas the monthly payments were only mentioned by 22 percent of the Black respondents.
Share of Millennial renters who view monthly mortgage payments as the largest obstacle to buying a home in the United States in 2019, by ethnicity
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Apartment List. (November 19, 2019). Share of Millennial renters who view monthly mortgage payments as the largest obstacle to buying a home in the United States in 2019, by ethnicity [Graph]. In Statista. Retrieved March 08, 2021, from https://www.statista.com/statistics/1073939/home-purchase-obstacle-mortgage-payments-by-ethnicity-usa/
Apartment List. "Share of Millennial renters who view monthly mortgage payments as the largest obstacle to buying a home in the United States in 2019, by ethnicity." Chart. November 19, 2019. Statista. Accessed March 08, 2021. https://www.statista.com/statistics/1073939/home-purchase-obstacle-mortgage-payments-by-ethnicity-usa/
Apartment List. (2019). Share of Millennial renters who view monthly mortgage payments as the largest obstacle to buying a home in the United States in 2019, by ethnicity. Statista. Statista Inc.. Accessed: March 08, 2021. https://www.statista.com/statistics/1073939/home-purchase-obstacle-mortgage-payments-by-ethnicity-usa/
Apartment List. "Share of Millennial Renters Who View Monthly Mortgage Payments as The Largest Obstacle to Buying a Home in The United States in 2019, by Ethnicity." Statista, Statista Inc., 19 Nov 2019, https://www.statista.com/statistics/1073939/home-purchase-obstacle-mortgage-payments-by-ethnicity-usa/
Apartment List, Share of Millennial renters who view monthly mortgage payments as the largest obstacle to buying a home in the United States in 2019, by ethnicity Statista, https://www.statista.com/statistics/1073939/home-purchase-obstacle-mortgage-payments-by-ethnicity-usa/ (last visited March 08, 2021)