No parent wants their child priced out of the housing market. That applies just as much to property developers.
So it’s little wonder their offspring hit them up for help getting on the property ladder, whether that’s through the bank of mum and dad or just with some help at auctions.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Based in Melbourne, Michael is on Bluesky @michaelbleby.bsky.social. Email Michael at mbleby@afr.com