The New Rules of Generational Wealth: Why Buying a ‘Money Pit’ at 30 Beats Waiting for the Perfect Home at 40

When Amanda and Vincent DeRise went to view a 140-year-old Victorian home for sale in Atlantic Highlands, NJ, their real estate agent didn’t mince words: It was a “money pit.” But the DeRises saw a way into the wealth engine that has defined middle-class America for generations. While it’s no secret that homeownership builds wealth…

VA Congressman McGuire Champions His ‘Unique’ Bill To Cut Capital Gains Tax for Senior Sellers

As homeownership slips further out of reach for young Americans, a new bill introduced by Virginia Congressman John McGuiretakes aim at two ends of the housing market at once: first-time homebuyers struggling to afford a home, and senior homeownersreluctant to sell because of steep capital gains taxes. The proposed legislation, called the American Dream Act,…