3min chapter

Make Me Smart cover image

The push to wipe medical debt from credit reports

Make Me Smart

CHAPTER

The Impact of Parental Financial Assistance on Young Adult Homeownership

This chapter delves into the rising phenomenon of parents aiding their adult children in acquiring their initial homes. It explores the significance of homeownership, intergenerational wealth transfer, and obstacles confronted by first-time buyers due to income constraints, advocating parental involvement through down payment support, co-signing, or property transfers.

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