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Listen: Author explains why millennials are looking to Mom and Pop for mortgage loans
A 6 bedroom, 7 bath property estimated at a little over 6 million USD sits for sale in Arcadia, California on May 17, 2016, where "mansionization" has become a flash point, houses torn down and mansions built, in a city where Chinese nationals have been investing heavily. A huge surge in Chinese buying of both commercial US real estate and residential property last year took their five-year investment total to more than US 110 billion, according to a study from the Asia Society and Rosen Consulting Group, as Chinese nationals became the largest foreign buyers of US homes. / AFP / FREDERIC J. BROWN (Photo credit should read FREDERIC J. BROWN/AFP/Getty Images)

Listen: Author explains why millennials are looking to Mom and Pop for mortgage loans

Why are more and more millennials being given interest-free loans from the so-called, "Bank of Mom and Dad"?

Why have so many people foregone retirement in favor of providing a college education for their children?

Maria Luce, author of "The Empowered Mom on Millennials" explains the dilemma parents and millennials are facing when it comes to finances, home ownership, and student loan debt.

To see more from Pat, visit his channel on TheBlaze and listen live to “Pat Gray Unleashed” with Pat Gray weekdays 12 p.m. – 3 p.m. ET, only on TheBlaze Radio Network.

 

 

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