Aussie property boom is a lie

The Bank of Mum and Dad is nothing new. Over the last 20 years or so, we’ve seen an increasing number of parents lending or guaranteeing funds for their children – as well as the underlying concerns from parents arising from the divorce, property settlement and estate matters of their children (the borrowers).

#realestate #property #bank #parents

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Since the pandemic arrived on our shores a little over a year ago, the Australian property market has been on quite the rollercoaster of highs and lows.