Getting Money from Parents for a Down Payment on a House

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People aged 20 to 24 who get $5,000 from their parents are more likely to buy a home than those who do not get that money from their parents.  Also, children with parents who have a BA or higher are less likely to become home buyers than children of parents with less than a high school education.  This could be due to the children of college educated parents living in large cities that have less affordable housing.

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