There was a time when buying a first home meant patiently saving money for several years — or cozying up to mom and dad for the down payment. While those practices remain, a growing number of young buyers in Silicon Beach are purchasing multimillion-dollar homes by liquidating stock options — or even cryptocurrency portfolios — in a bid to edge out the competition and boost their purchasing power. And cashing out is not the only […]
source https://therealdeal.com/la/2018/06/06/for-silicon-beach-homebuyers-a-salarys-just-a-starting-point/#new_tab
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