By buying houses for your kids, you are simply holding up the already unsustainable prices.
Hopefully as prices fall, the boomer bank will run low on funds and the correction back to sustainable levels will be here sooner rather than later, so that people can buy their own place again, and stand on their own two feet again rather than being indebted to their parents charity.
What if you help buy your kids houses,(if you have a spare couple of million for say three kids) and the property market prices slide back over time. You will be putting all of the families money into one 'investment' class, which is risky, unless you believe property will just go up forever.
Better to have your parents invest their money in a range of assets and pass it on to you when they are gone.
Another problem arises if you buy one child a place and not the others, as it creates ill will between family members.
