
Nepo-Homebuyers: 40% of Under 30s Received Family Money for Down Payment
Originally published to Forbes on August 21, 2023. An eye-popping 38% of recent homebuyers under age 30 used either a cash gift from a family member
Daryl Fairweather is the chief economist of Redfin. Her insights have been featured on 60 Minutes, CBS Evening News, as well as in the New York Times and Washington Post. Prior to joining Redfin she was a senior economist at Amazon working on problems related to employee engagement and managing a team of analysts. During the housing crisis, Daryl worked as a researcher at the Boston Fed studying why homeowners entered foreclosure. Daryl received her Bachelor's of Science from the Massachusetts Institute of Technology and received her Ph.D. and Master's degrees in economics at the University of Chicago where she specialized in behavioral economics.
Follow Daryl on Twitter @FairweatherPhD.

Originally published to Forbes on August 21, 2023. An eye-popping 38% of recent homebuyers under age 30 used either a cash gift from a family member

Originally published to Forbes on July 24, 2023. Climate change is not a distant threat, but a present danger that is already wreaking havoc on our

Originally published to Forbes on May 30, 2023. Despite a lack of affordable housing, many American cities have seen a paradoxical proliferation of new luxury

Originally published to Forbes on May 18, 2023. Natural disasters like hurricanes and snowstorms tend to temporarily halt housing market activity in affected areas. If

Redfin users who viewed homes with severe and/or extreme flood risk prior to a Redfin experiment proceeded to bid on homes with 54% less risk

It all comes down to supply and demand. For the first time since the 1980s, Americans are dealing with 8%+ inflation in consumer prices. American

Originally published to Forbes on August 21, 2023. An eye-popping 38% of recent homebuyers under age 30 used either a cash gift from a family member

Originally published to Forbes on July 24, 2023. Climate change is not a distant threat, but a present danger that is already wreaking havoc on our

Originally published to Forbes on May 30, 2023. Despite a lack of affordable housing, many American cities have seen a paradoxical proliferation of new luxury

Originally published to Forbes on May 18, 2023. Natural disasters like hurricanes and snowstorms tend to temporarily halt housing market activity in affected areas. If

Redfin users who viewed homes with severe and/or extreme flood risk prior to a Redfin experiment proceeded to bid on homes with 54% less risk

It all comes down to supply and demand. For the first time since the 1980s, Americans are dealing with 8%+ inflation in consumer prices. American