@[email protected] to A Boring [email protected] • 1 year agoWelcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down paymentfortune.commessage-square205fedilinkarrow-up1558
arrow-up1518external-linkWelcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down paymentfortune.com@[email protected] to A Boring [email protected] • 1 year agomessage-square205fedilink
minus-square@[email protected]linkfedilinkEnglish3•1 year agoThey’re just about through those savings. Inflation + “catch up” vacations are the culprits. Look at credit card debt and that is before student loan payments restarted. https://www.economist.com/graphic-detail/2023/08/21/americas-pandemic-savings-are-running-out#:~:text=Research by Hamza Abdelrahman and,by the end of September.
They’re just about through those savings. Inflation + “catch up” vacations are the culprits. Look at credit card debt and that is before student loan payments restarted.
https://www.economist.com/graphic-detail/2023/08/21/americas-pandemic-savings-are-running-out#:~:text=Research by Hamza Abdelrahman and,by the end of September.
That’s a bit depressing, but good to know.