Jun
8
Mr. Weinstein has been advising two brothers in their late 20s who wanted to buy a $700,000 apartment with $250,000 from their parents. But their parents’ investment portfolio has lost so much value that they now can give only $50,000. Since the brothers make about $45,000 a year each, they are now shopping for a $500,000 apartment.
Please rub the salt in my eyes now. Courtesy the NY Times