In today's episode we are talking about a big reason it's a lot harder to buy a house today that I don't hear many people talking about: the bank of mom & dad.

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00:00 - Introduction

00:49 - Investment Firms... They Don't Buy As Many Houses As You Think

03:07 - Intro to the Bank of Mom and Dad

12:48 - The Impact on Young Buyers

20:06 - Downsides of the Bank of Mom and Dad

22:46 - The Insecurity of Receiving Parental Financial Help

26:27 - The Myth of the Meritocracy in America

29:05 - Strategies to Buy a House Without Parental Help

33:06 - First-Time Homebuyer Programs and Government Assistance

38:44 - Final Thoughts: Is There a Solution?

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