Should You Stretch Your Finances to Buy a Home?

Low housing inventory and bidding wars are forcing homebuyers to dig deeper to secure a mortgage. But is it worth it for first-time homebuyers to stretch their personal finances? Host J.R. Whalen discusses the question with two experts who have opposing views: Laurie Goodman of the Urban Institute and Susan Wachter of the Wharton School. Learn more about your ad choices. Visit megaphone.fm/adchoices