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] 2 points 1 year ago* (last edited 1 year ago)

That's true in the US, but depends heavily on the country: if you're buying in London, you only need 5% as a general rule, but other regulations push the average down payment to about 14% before purchasing is on the table. In the Netherlands, from my understanding, you wouldn't need a down payment at all.