Who's funding new home purchases? Mom and Dad
Briefly

"Even so, she expects it will take the couple around three years to afford a down payment."
"Parents have maxed out annual gift tax limits or lent their children money to win bidding wars."
"More house hunters are asking loved ones for cash instead of traditional wedding or baby gifts."
"Those 'who don't have family money are often shut out of homeownership,' Redfin chief economist Daryl Fairweather said in a research report."
Read at Axios
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