Holy shit, I’ve been talking about this IRL a lot lately. Every homeowner I know in their 30’s but one had mommy and daddy cover their down payment (or first down payment if they’ve sold and bought again), and that one is like a VP at some tech company. I thought the number would be higher, though, especially for the under 30 crowd. I suppose that a significant portion of the rest benefited from nepotism in other ways that don’t technically count for this statistic.
got inheritance of $800k and saved up $60k (and had bitcoin due to not being good with financial stuff that are worth like some $100k).
lived in the third house of the parents, got down payment and cars and holidays from parents
got parents as co signers for loan and down payment
got a whole building which is rented out from grandparents
bought a trash house, had and have to renovate it and both partners are working full time and will have reduced the credit to 0 when they are 65, since it is somewhat trashy the energy costs are also high and it is tiny.
Those are the five people I know of who bought houses.
Holy shit, I’ve been talking about this IRL a lot lately. Every homeowner I know in their 30’s but one had mommy and daddy cover their down payment (or first down payment if they’ve sold and bought again), and that one is like a VP at some tech company. I thought the number would be higher, though, especially for the under 30 crowd. I suppose that a significant portion of the rest benefited from nepotism in other ways that don’t technically count for this statistic.
got inheritance of $800k and saved up $60k (and had bitcoin due to not being good with financial stuff that are worth like some $100k).
lived in the third house of the parents, got down payment and cars and holidays from parents
got parents as co signers for loan and down payment
got a whole building which is rented out from grandparents
bought a trash house, had and have to renovate it and both partners are working full time and will have reduced the credit to 0 when they are 65, since it is somewhat trashy the energy costs are also high and it is tiny.
Those are the five people I know of who bought houses.