Loans from mum and dad lead to greater strain: RBA
Those who get loans from their parents to buy their first property are almost twice as likely to later encounter financial stress, ask for help from friends and struggle to pay their energy bills.
Eryk Bagshaw is an economics reporter for the Sydney Morning Herald and The Age, based in Parliament House
Those who get loans from their parents to buy their first property are almost twice as likely to later encounter financial stress, ask for help from friends and struggle to pay their energy bills.
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