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Comment by TrackerFF

2 hours ago

That's the way it is where I live, too. It might not be "fair game", but if people really want to help their kids, they should do everything in their power to get them into the housing market ASAP.

When I grew up, that was seen as pampering kids. They'd never "learn" how to be financially responsible, etc. if they always received help.

But, let's be honest, in many places the housing market is now so expensive that people could be saving for 5-10 years just to afford the down payment. And by the time they have enough, the market will have appreciated even more, so they have to save for even longer. I have peers that got into the housing market 20 years ago with help from parents, and their properties are now worth 5x - 8x of what they paid.