@return2ozma to A Boring Dystopia • 1 year agoWelcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down paymentfortune.comexternal-linkmessage-square204arrow-up1566arrow-down140
arrow-up1526arrow-down1external-linkWelcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down paymentfortune.com@return2ozma to A Boring Dystopia • 1 year agomessage-square204
minus-square@NABDadlinkEnglish5•1 year agoHoly fuck! What was the total?!? (If you don’t mind me asking)
minus-square@Furbaglink2•1 year 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.