Parents Use Decades of Home Equity to Help Their Kids Buy in a Tough Market - The New York Times

kept by eddie nov 19, 25

Older homeowners are leveraging their long-held home equity to provide down-payment gifts, enabling their adult children to afford first homes in today's expensive housing market.

To Thank Their Parents, They Bought Them a House - The New York Times
Adult children who witnessed their parents' grueling labor buy them homes as a tangible repayment and gift of financial security.
also on #family-finance, #real-estate, #personal-finance
The Chinese Billionaires Having Dozens of U.S.-Born Babies Via Surrogate - WSJ
Chinese billionaire Xu Bo fathered dozens of U.S.-born children via surrogacy, aiming for boys to inherit his business, raising concerns about citizenship laws and parenting ethics.
also on #family-finance