And a good chunk of those who have been able to purchase a home haven't done so on their own. New data from financial services company Legal & General finds that 43 percent of homeowners age 34 and younger got money from family orfriends https://www.cnbc.com/2019/03/11/how-many-millennials-got-money-to-buy-homes-from-their-parents.html … ofc not only white
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Dang...I guess I have the wrong relatives.
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My parents would laugh in my face.
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I'd gift her 100K if she could demonstrate this farcical 'anecdote' were real.
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As someone who left the dying Rust Belt and moved to SFBA and later NYC, I absolutely *100%* believe it minus the racial framing in certain major urban areas. Nigerian Warlord's grandkids man.https://twitter.com/poiThePoi/status/1138031633502822405 …
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This was the explicit point of the 1960's Great Housing Lottery. Some white people were racist and lived in the suburbs, some white people were racist and lived in the cities. And some white people were really racist and lived in Palo Alto. One big reset.
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Fool doesn't even realize he's just making a generational poverty argument, one that affects tons of other races. It's the money, stupid.
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Dodd-Frank has some...side effects. (FWIW, when we bought our house my parents gifted us some rugs from Lowes. We did get to pick them out. They were nice rugs.
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