Welcome to the ‘nepo’ housing market: 40% of homebuyers under 30 get family money to cover their down payment ( archive.ph )

Definitely a trend I see around me (Europe, 30 years old).

All of my friends able to buy got at least 30k - 50k from their parents.

Is it the same around you? How do you deal with this?

Also, some data from a few days back:

omg

discuss.tchncs.de/post/2426785?scrollToComments=t…

Zarxrax ,

Hasn’t it always been like that? Article doesn’t really give any comparison figures against prior years, but I really don’t think this is anything new.

Blaze OP ,
@Blaze@discuss.tchncs.de avatar

Some data for US and Canada:

discuss.tchncs.de/post/2426785?scrollToComments=t…

Canada is indeed crazy

wintermute_oregon ,

[Thread, post or comment was deleted by the author]

    •
    RustedSwitch ,
    @RustedSwitch@lemmy.world avatar

    “Slightly”

    wintermute_oregon , (edited )

    I own several homes because I travel for work.

    Each one has went up 20% a year at least.

    Homes are supposed to go up the rate of inflation.

    I bought one in 2020 for 320. It’s now worth 650. That’s insane.

    NovaPrime ,
    @NovaPrime@lemmy.ml avatar

    You time travel for work fam?

    wintermute_oregon ,

    Corrected. Good catch.

  • All
  • Subscribed
  • Moderated
  • Favorites
  • •
  • random
  • [email protected]
  • All magazines
    •