INDBInternet News Database 2.5 Updated 1 min ago · 414 sources Show or hide images Light or dark

The New American Housing Divide: Those With Family Assets And Those Without

Save Compare coverage
Image from Zero Hedge

Summary

The New American Housing Divide: Those With Family Assets And Those Without Authored by Martin Armstrong via The Burning Platform , The American dream of homeownership is becoming increasingly dependent upon whether your parents have assets . A new analysis from Rocket Mortgage found that the share of home buyers under 35 purchasing property with a co-applicant over 55 increased 21% between 2018 and 2025, to about one in 30 younger buyers. Meanwhile, total home purchases among Americans under 35 have declined 15% over the same period. The cost of entering the housing market has increased so…

Description from Zero Hedge.

Who is covering this

  1. Zero Hedge Right Factuality: Low US
    The New American Housing Divide: Those With Family Assets And Those Without

    The New American Housing Divide: Those With Family Assets And Those Without Authored by Martin Armstrong via The Burning Platform , The American dream of homeownership is becoming increasingly dependent upon whether your parents have assets . A new analysis from Rocket...

    Low reliability sourceElevated risk