Saturday, Sep 23, 2006

Parents sucked into the madness

The Telegraph: Bank of Mum and Dad lifts young on to property ladder

Article reveals more evidence of desperate lengths people will go to get onto the property ladder.

Posted by sovietuk @ 09:51 AM (536 views)
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1. Riley0808 said...

Instead of trying to find new ways of how parents can help their children onto the property ladder it might be a good idea to protect their offspring from a massive financial commitment in the first place.

Won't parents also need to hold back their savings for retirement and private care?
Or will their children have to support them in 20 years time?
Better be patient (and wait for lower houseprices!) than sorry.

Saturday, September 23, 2006 11:34PM Report Comment

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