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Nearly half of Gen Zers get help from the bank of mom and dad, report finds (www.cnbc.com)

submitted 4 months ago by return2ozma@lemmy.world to c/personalfinance@lemmy.ml

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[–] filister@lemmy.world 8 points 4 months ago (1 children)

I think in the UK they have started to offer intergenerational mortgages, considering how unaffordable housing became.

It blows my mind that back in the days people with very simple jobs were able to afford buying their roof, nowadays it is a challenge even for highly skilled professionals if they happen to live in a highly sought city.

[–] CyberMonkey404@lemmy.ml 5 points 4 months ago

intergenerational mortgages

Oh we're back to generational debt already? Can we start calling it indentured servitude already?