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@return2ozma@lemmy.world to A Boring Dystopia@lemmy.world • 2 years ago

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

fortune.com

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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

@return2ozma@lemmy.world to A Boring Dystopia@lemmy.world • 2 years ago
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Redfin chief economist Daryl Fairweather: "It seems like the only way to kind of get your foot in the door to the housing market is to have some help"
  • @DietBajaBlast@lemmy.world
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    6•2 years ago

    Sure that totally worked for the Soviet Union.

    • @xePBMg9@lemmynsfw.com
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      14•2 years ago

      It kinda did, didn’t it? People are still living in those buildings, right?

      • @ZodiacSF1969@sh.itjust.works
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        2•2 years ago

        They live in rundown shitholes mostly.

        I tried to add a photo to this post but images seem to be banned atm due to the attacks on Lemmy. Just Google it and see the beauty of the land of krokodil.

        • @LNSY@lemmy.world
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          6•2 years ago

          https://youtu.be/1eIxUuuJX7Y?si=qO30tc_Fq28oHY07

        • @GivingEuropeASpook@lemm.ee
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          4•2 years ago

          Not really. There are “commie block” apartments across not just Russia but lots of Eastern and Central Europe that are more desirable, pleasant, and cheaper than many new developments in the US and UK.

          You can also look at Red Vienna housing, another socialist urban design.

        • @Techmaster@lemm.ee
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          3•2 years ago

          I’ve heard that in the Soviet countries, they have very tall apartment buildings, many don’t even have elevators. Some have elevators, but you have to pay to ride them.

    • Franzia
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      2•2 years ago

      State-owned apartments are working out well in pretty much every other country on earth. And certainly in everyone region exceot perhaps North and South America.

    • @GivingEuropeASpook@lemm.ee
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      2•2 years ago

      It actually did tho

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