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Fortune
Fortune
Sydney Lake

Housing affordability is so strained that 1 in 5 couples ask for down payment cash on their wedding registry. Your friends and family would rather give you cash to go to Mexico

The typical couple receives 32% more for a honeymoon fund, with an average of $767, compared with a new home fund average of $556, Esther Lee, deputy editor of The Knot, tells Fortune.

For millennials and Gen Z, the American Dream milestone of buying a home can feel hopelessly out of reach as mortgage rates hover around 8% and home prices continue to rise. 

As a result, one in 5 engaged couples are rejecting the linens and dishes of traditional wedding registries and asking friends and family for down payment cash instead, according to an October report by Zillow and The Knot, a wedding planning site. 

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