Comment

Comment on A millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor'

<- View Parent

MerchantsOfMisery@lemmy.ml ⁨5⁩ ⁨weeks⁩ ago

I’d venture to say a big chunk of those folks inherited wealth. Most millennial homeowners I know inherited money from grandparents, aunts, uncles, and/or parents.

source

Sort:hotnew top

WoahWoah@lemmy.world ⁨5⁩ ⁨weeks⁩ ago
Roughly 3% of Millennials have inherited money according to the findings in Northwestern Mutual’s 2024 Planning & Progress Study.

source
- Lowpast@lemmy.world ⁨5⁩ ⁨weeks⁩ ago
  Misleading statistic. This doesn’t include parents/grandparents who buy houses and then put their kids name on the lease.
  
  source