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Welcome to the ‘Nepo’ Housing Market: 40% of Homebuyers Under 30 Get Family Money to Cover Their Down Payment

September 5, 2023

Fortune, Aug. 28, 2023-Alena Botros (subscription)
There’s this consensus that people who come from money are at an advantage, Redfin’s chief economist, Daryl Fairweather, explained—but it made her think: How does family money play out in the housing market, she told Fortune.
https://fortune.com/2023/08/28/housing-market-nepotism-homebuying-down-payment-help-from-parents/

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