Property News · July 26, 2018

Home ownership a life goal for most Hong Kong students, with ‘Bank of Mum and Dad’ expected to pay for it, survey finds


Most young people in Hong Kong look at buying a property as a life goal, and about half consider their parents duty-bound to help them achieve that dream, according to a survey by the insurer Sun Life.
Getting onto the city’s notoriously expensive property ladder was top of the wish list for 59 per cent of students surveyed by the local branch of the Canadian insurance giant. And 49 per cent of the respondents expected the “Bank of Mum and Dad” to give them a financial leg-up…

Source : South China Morning Post
Read more…Home ownership a life goal for most Hong Kong students, with ‘Bank of Mum and Dad’ expected to pay for it, survey finds

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