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Home > Stress Test > Parents are bankrolling their kids’ house down payments - but can they afford it?
Podcast: Stress Test
Episode:

Parents are bankrolling their kids’ house down payments - but can they afford it?
Category: Business
Duration: 00:23:45
Publish Date: 2022-02-02 08:00:00
Description:

Home prices have skyrocketed since the start of the pandemic, threatening to price a generation of young buyers out of the market. It’s gotten so bad that some parents are flat out giving their adult kids the money they need for a down payment. But what is that doing to their own finances? How widespread is this help? In this episode, we hear from parents of Gen Z and millennials about helping their kids buy homes - and what that means for their own finances.
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