The harsh reality: 36% of Gen Zers and millennials rely on family cash gifts. Starter home income surged 8.2% to $75,849. Average monthly payments hit $2,721.
In a heartbreaking reflection of the current state of housing affairs, a staggering 36% of Gen Zers and millennials gearing up to purchase their first homes cling to hope in the form of cash gifts from family. This reliance on familial support speaks volumes about the bleak reality faced by young aspiring homeowners, forced to …