Not to mention, I know a lot of people "borrow" from their families, basically interest free loans that they intend to pay back. I would consider this help from family, but it doesn't really fit into either "cash gift" or "inheritance money".
So if your parents/family don't have assets/willing to leverage up for you, you're out of luck in having a roof over your head even though you work and are willing to work and pay back a commitment over 20 years lol and people don't see something wrong with this?
Only 38%? I'm actually surprised it isn't higher than that.
Same.
I guess this isn't 44% because these categories aren't mutually exclusive.
That's a tiny sample though and they're asking people to self-report something they might be embarrassed of.
Not to mention, I know a lot of people "borrow" from their families, basically interest free loans that they intend to pay back. I would consider this help from family, but it doesn't really fit into either "cash gift" or "inheritance money".
Good point! They take a "loan" from family.
So if your parents/family don't have assets/willing to leverage up for you, you're out of luck in having a roof over your head even though you work and are willing to work and pay back a commitment over 20 years lol and people don't see something wrong with this?
There's something wrong with it if you assume people should own property. Not sure people “at the top” make that assumption 🤷♂️
I totally agree on this global assumption. I’ll discuss the topic of private property in another post
Blackrock certainly doesn't.