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A lot of people can't pay the mortgage because of coronavirus. What's next?

A lot of people can't pay the mortgage because of coronavirus. What's next?

A lot of people are having trouble paying their mortgages because they're out of work due to the coronavirus pandemic. More than 4 million people missed a mortgage payment in May. So what does that mean for individual Americans and the economy as a whole? How worried should we be? David Wilk, Assistant Professor of Finance and Director of the Real Estate Program at Temple University's Fox School of Business joins KYW In Depth to break down what's happening in the housing market and mortgages, and what he thinks about the future of commercial real estate amid the coronavirus pandemic. See omnystudio.com/policies/listener for privacy information.

The Week in Philly from KYW Newsradio

June 24, 202021m 52s

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Show Notes

A lot of people are having trouble paying their mortgages because they're out of work due to the coronavirus pandemic. More than 4 million people missed a mortgage payment in May. So what does that mean for individual Americans and the economy as a whole? How worried should we be? David Wilk, Assistant Professor of Finance and Director of the Real Estate Program at Temple University's Fox School of Business joins KYW In Depth to break down what's happening in the housing market and mortgages, and what he thinks about the future of commercial real estate amid the coronavirus pandemic. See omnystudio.com/policies/listener for privacy information.

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