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-square204fedilinkarrow-up1558arrow-down140
arrow-up1518arrow-down1external-linkWelcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down paymentfortune.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 2 years agomessage-square204fedilink
minus-squareNABDad@lemmy.worldlinkfedilinkEnglisharrow-up7·2 years agoGeez, are people putting down $100k as a downpayment?!?
minus-squarespez_@lemmy.worldlinkfedilinkarrow-up6·2 years agoI had to put down 300k for my downpayment
minus-squareNABDad@lemmy.worldlinkfedilinkEnglisharrow-up5·2 years agoHoly fuck! What was the total?!? (If you don’t mind me asking)
minus-squareFurbag@lemmy.worldlinkfedilinkarrow-up2·2 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.