@return2ozma@lemmy.world to A Boring Dystopia@lemmy.world • 10 months agoWelcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down paymentfortune.comexternal-linkmessage-square154fedilinkarrow-up1548
arrow-up1548external-linkWelcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down paymentfortune.com@return2ozma@lemmy.world to A Boring Dystopia@lemmy.world • 10 months agomessage-square154fedilink
minus-square@kbotc@lemmy.worldcakelinkfedilinkEnglish3•10 months 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.