![](https://npr.brightspotcdn.com/dims4/default/80579e6/2147483647/strip/true/crop/600x600+0+0/resize/880x880!/quality/90/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2Flegacy%2Fsites%2Fwxxi%2Ffiles%2F201705%2FConnections_News_Highlight.jpg)
According to the New York Times, Americans who own homes have gained more than $6 trillion in housing equity during the pandemic. But what about first-time home buyers or people who are unable to buy a home? What are the ripple effects of this trend in the housing market?
This hour, we discuss the economics of the issue and the spillover effects with our guest:
- Amit Batabyal, Arthur J Gosnell Professor in Economics at RIT