I'm not Asian American so take this with a grain of salt, but from what I see in my friends it is NOT uncommon for Asian American parents to have a significant

I'm not Asian American so take this with a grain of salt, but from what I see in my friends it is NOT uncommon for Asian American parents to have a significant presence in their child's finances particularly when it comes to purchasing property, college, etc. Parents and grandparents are also more than happy to take care of children. Two of my Chinese American friends own property in a high COL area due to help from their family (none of them are rich) but they are far from "ashamed" of it nor do they think they did it all by themselves. The "flipside" is that the sons and daughters are expected to house and take care of the parents once they reach very old age and do the same thing their parents did to them with their own children.