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Should families help children into a mortgage?

Discussion in 'Real Estate' started by Billv, 28th Apr, 2009.

  1. Billv

    Billv Getting there

    15th Jul, 2007
    Sydney, NSW
    Is this a good idea?

    Considering the high cost of housing, parents acting as guarantors could be the only way left for some children to get into property.

    However, some experts say that if a child gets into financial difficulty he/she may get yourself into financial difficulty as well and you could risk losing your home.