but insisted it was out in the affordable suburbs.... say $300-$350 k max..... just like they had to sacrifice... all of them would have liked to buy in the inner suburbs...but it was out of their price range..,,
so they settled for an outer suburb home... so they could live within their means....
would you accept the offer ???? or turn them down....? I am suggesting, the parents buy the house in their name, pay the deposit, then let the kids pay it off... then when the kids are ready, they buy if from the parents, pay out the balance of the mortgage
I believe the boomers have been doing this for their children....the Gen y's but I dont know if gen Y, will do this for their children ??? or will gen X...have a different approach The Gen X ers that I know are go-getters, they are not whingers....
