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Parents buying homes for their children as affordability plummets

February 1, 2024
in Market & News
Reading Time: 1 min read
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With high home prices and mortgage rates, there’s a growing trend of parents buying properties for their children, allowing them to either pay them back or wait to take out a loan of their own. CNBC’s Diana Olick reports that these parents are eager to give their kids a chance at investment as many remain priced out of today’s housing market.

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