House price surge means first home buyers are turning to the ‘Bank of Mum and Dad’ | The Business

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The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.

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  • ABC News (Australia) published this video item, entitled “House price surge means first home buyers are turning to the ‘Bank of Mum and Dad’ | The Business” – below is their description.

    As property prices soar and the fear of missing out intensifies, young people are increasingly turning to their parents to help them get a foot on the property ladder. One analyst says it’s a major factor in the current house price surge.

    ABC News (Australia) YouTube Channel

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