40 per cent of WA millennials rely on ‘bank of mum and dad’ to buy a house
6PR Afternoons with Julie-anne Sprague
English - March 21, 2023 04:45 - 9 minutes - 8.82 MBNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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New research by the University of Sydney has revealed 40 per cent of 25 to 35-year-olds will have to call on the “bank of mum and dad” to buy their first home.
University of Sydney senior lecturer of urbanism in the School of Architecture, Design and Planning Dr Laurence Troy told Jo McManus on 6PR Afternoons family wealth shouldn’t determine if a person can afford a home.
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