Home Buyers in These Cities Could Save These Down Payments-by Moving In With Their ParentsPosted by: jhon | Posted on: January 28, 2021
When COVID-19 shuttered offices across the U.S.—forcing legions of white-collar workers to go remote—many took a hard look at their living situations. Why were they spending so much money to spend 24 hours a day in their itty, bitty, high-priced apartments? As a result, some young professionals decided to trade in their pricey apartments to move back in with good ol’ Mom and Dad and accelerate their savings.
While the prospect of moving back in with the ‘rents may be shudder-inducing to many, for others it’s a dream of home-cooked meals and freshly folded laundry. Plus, folks who have retained their jobs save some significant money that could help them to eventually become homeowners.