Australian parents are helping their kids buy a first home with less money, but more rent-free living
- Written by Rachel Ong ViforJ, John Curtin Distinguished Professor & ARC Future Fellow, Curtin University
As many young Australians struggle to enter the housing market, research shows the “bank of mum and dad” is often called on to help.
But what kind of financial support are parents willing to offer their kids? And how has that changed over time?
That’s what our recent survey of 1,725 Australian parents – mostly aged 45 to 64...
