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Millennial homebuyers seen relying on parents for financial help

from Builder

A national survey conducted by loanDepot found that 77% of millennial and Gen Zers are expecting to receive financial assistance from their parents to purchase their first home. Of the 1 in 4 surveyed who indicated that they were not interested in buying a home, 61% indicated that their interest in buying one would increase if their parents helped them. more

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