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A comment on "Nepo-homebuyers": 38% of young buyers use family money for down payments. Parent comment

Re:"Nepo-homebuyers": 38% of young buyers use family money f... by lawlessone on Tuesday October 17, 2023 @10:20AM (#37915509)
>was around 6%,

How much was the house and how much do they sell for in your area now ?(approximately)

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Re:"Nepo-homebuyers": 38% of young buyers use family money f... by cafard on Tuesday October 17, 2023 @12:48PM (#37917885)
About $180 K, now about $500 K.

We bought within a year of the market peak, and it was ten or more years before the prices returned to what they had been. At one point early in those years, my sister-in-law, in for a visit, remarked that a lot of the for-sale signs looked familiar from her previous visit. (Around a year.)

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