House help is a de­mand too far

Auckland City Harbour News - - YOUR PAPER, YOUR PLACE - ROB STOCK

We’ve been treated to a run of news sto­ries about young peo­ple who’ve bought homes in their 20s, most with the help of their par­ents.

I like to see peo­ple get ahead, and I con­grat­u­late these young peo­ple, es­pe­cially on their good for­tune to be born to par­ents wealthy enough to help them.

These sto­ries must make painful read­ing for less for­tu­nate young peo­ple, and for par­ents un­able to help their off­spring into homes.

It seems on top of ev­ery­thing tra­di­tion­ally ex­pected of par­ents, the pres­sure is on for them to help their young ones avoid a life­time rental serf­dom in the city of their birth.

Here are the four mes­sages par­ents in high house-price ci­ties might take from these ar­ti­cles on young home-buy­ers.

Two are all achiev­able, one a stretch, and the other all-but im­pos­si­ble.

I rate each one on a one-10 ‘‘doa­bil­ity’’ scale.

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