In early 2021, Brisbane teacher Taryn Saarman was surprised to learn her parents planned to lend her $65,000 for a home deposit. She was 22 and still getting started in life but her parents, Pauline and Tony Saarman, worried that without help, she and her older brother wouldn’t get into the property market.

“Just after COVID, one of my property networks said that property is going to go through the roof in the next year or so,” Pauline says. “I said to both of my kids, ‘Listen, you’ve got to buy a house now. If you don’t buy a house now, then you’ll never be able to afford it – or at least, it’ll be harder to afford it in the future.’”