'Bank of mum and dad' now NZ's 5th biggest home loan lender - 1News
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Parents are dishing out $22.6 billion in loans to adult children, according to Consumer NZ.
It can take ten years for people to save up for a deposit to buy their first home and in many cases, this means the Bank of Mum and Dad is stepping in.
By Mandy Te for Re: News
The Bank of Mum and … [+8574 chars]
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