4 ms·
This is actually the same in Australia, especially in Melbourne and Sydney where home prices have risen crazily over the past 10 or so years. We call it the ban
by fourmii 8y ago
This is actually the same in Australia, especially in Melbourne and Sydney where home prices have risen crazily over the past 10 or so years. We call it the bank of mum and dad:
https://www.domain.com.au/money-markets/majority-of-firsthome-buyers-now-use-bank-of-mum-and-dad-20180502-h0zjun-432274/ https://www.domain.com.au/money-markets/majority-of-firsthom...
- dublidu 8y agoParents chipping in down payment is certainly more prevalent in Australia and Canada than in California.