A Boring Dystopia

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Welcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down payment (fortune.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

It was a joke on "bad" not "dad". Not saying there is anything wrong with parents helping family to buy a home. Its not the parents or childrens fault that the market requires this now.

Edit: I will make a comment on your statement about rates however. Rates are and have been historically low but prices high and going ever higher. It does not matter if the rate is 0.5% but the price is so high you can't even save the down payment.