A Boring Dystopia

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Welcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down payment (fortune.com)

submitted 1 year ago by return2ozma to c/aboringdystopia

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[–] afraid_of_zombies -3 points 1 year ago (1 children)

giving your kids money to help them start out on their own isn’t nepotism, it’s parenting.

You can just say your parents gave you an entire apartment building when you turned 18.

Is the idea that parents should donate their money equally to everyone’s kids? This makes no sense.

The idea is that Karen doesn't get veto power over construction and we have enough housing for all.

[–] Badass_panda 2 points 1 year ago* (last edited 1 year ago)

You can just say your parents gave you an entire apartment building when you turned 18.

I moved out and went no contact with my parents on my 17th birthday... but I would love to be able to give my kids the kind of help my parents didn't give me.

The idea is that Karen doesn't get veto power over construction and we have enough housing for all.

That's a very good idea, it's what I've been harping about in my other comments. You don't fix this issue by demonizing people for buying houses, you identify the reason there aren't enough houses in the first place and go after that.

San Francisco allowing property owners (whose houses have skyrocketed in value) to block any kind of dense housing being built is the reason SF is so utterly fucked.