(DAILY WIRE) – Generation Z is four times more likely than past generations to require financial assistance from family members when buying their first home.
According to data from luxury real estate firm RubyHome obtained by The Daily Wire, 79% of members of Generation Z received financial help from their parents when buying their first property — a substantial increase from the 19% of Baby Boomers and Silent Generation members who reported the same.
“When combined, data show that adults under 45 are more than three times as likely as people 45 and older to say their parents gave them a property outright or paid the entire deposit,” the RubyHome analysis summarized.
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