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Welcome to the ‘nepo’ housing market: 40% of homebuyers under 30 get family money to cover their down payment
(archive.ph)
Definitely a trend I see around me (Europe, 30 years old).
All of my friends able to buy got at least 30k - 50k from their parents.
Is it the same around you? How do you deal with this?
Also, some data from a few days back:
https://discuss.tchncs.de/post/2426785?scrollToComments=true
Hasn't it always been like that? Article doesn't really give any comparison figures against prior years, but I really don't think this is anything new.
“Slightly”
I own several homes because I travel for work.
Each one has went up 20% a year at least.
Homes are supposed to go up the rate of inflation.
I bought one in 2020 for 320. It’s now worth 650. That’s insane.
You time travel for work fam?
Corrected. Good catch.
Some data for US and Canada:
https://discuss.tchncs.de/post/2426785?scrollToComments=true
Canada is indeed crazy