Back in 2017, when I wasconsidering selling my house, my neighbor actually texted me saying he'd be willing to pay $2.1 million. So you see, having The Bank Of Mom And Dad can really pay off. How many 36-year-olds without a stable job have that kind of money? According to astudy...
"If the racial wealth divide continues to accelerate, the economic conditions of black and Latino house- holds will have an increasingly adverse impact on the economy writ large, because the majority of US households will no longer have enough wealth to stake their claim in the middle class."...
Buying a home can seem like something to put off until after you’re out of the service. With advance preparation, you might be able to buy when it makes financial sense.