Homeownership is the new hot wedding gift

With sky-high housing prices and soaring mortgage rates, first-time homebuyers are getting squeezed out, and the reaction to these housing market conditions is affecting couples who are getting married.

According to research from Realtor.com and Censuswide released Wednesday, fine china and other traditional wedding gifts are out, and cash wedding gifts that are contributions toward homeownership are in.

The research was conducted by Censuswide, with 2,291 respondents in the U.S. including 755 people who have created a wedding registry in the last 24 months.

Continued Article:https://www.foxbusiness.com/personal-finance/home-ownership-wedding-gift