Headline grabbing? No, the kids didn’t buy the house. Their father did. Ok, maybe the kids contributed from their ‘savings’… what savings? Savings imply earnings to begin with. The story of parents helping children buy property is nothing new, especially from what we’ve noticed within the last 10-15 years or so as property prices have continued to climb. Maybe not as young as 6 years old, but still – the bank of mum and dad still prevails strong.
from Phang Legal https://ift.tt/3yLIpBY