Monthly payments as largest obstacle to buying a home in the U.S. 2019, by ethnicity

Published by Statista Research Department, Jul 14, 2021
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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Release date

November 2019

Region

United States

Survey time period

2019

Number of respondents

over 10,000

Age group

23-38 years

Special properties

Millennial renters

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Overview

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Topics

Millennials homeownership in the U.S.U.S. housing marketApartments in the U.S.Residential construction in the U.S.Residential real estate in New York
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