@return2ozma@lemmy.world to A Boring Dystopia@lemmy.world • 2 years agoWelcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down paymentfortune.comexternal-linkmessage-square206fedilinkarrow-up1566arrow-down10
arrow-up1566arrow-down1external-linkWelcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down paymentfortune.com@return2ozma@lemmy.world to A Boring Dystopia@lemmy.world • 2 years agomessage-square206fedilink
minus-square@NABDad@lemmy.worldlinkfedilinkEnglish7•2 years agoGeez, are people putting down $100k as a downpayment?!?
minus-square@NABDad@lemmy.worldlinkfedilinkEnglish5•2 years agoHoly fuck! What was the total?!? (If you don’t mind me asking)
minus-square@Furbag@lemmy.worldlinkfedilink2•2 years agoI have 100k in savings right now for a down payment, and it’s still not enough to get the mortgage payments anywhere near a reasonable amount each month.
Boomers.
Geez, are people putting down $100k as a downpayment?!?
I had to put down 300k for my downpayment
Holy fuck! What was the total?!?
(If you don’t mind me asking)
I have 100k in savings right now for a down payment, and it’s still not enough to get the mortgage payments anywhere near a reasonable amount each month.