New survey highlights peak millennials struggle in buying their first property

New survey highlights peak millennials struggle in buying their first property Garry Marr from Financial Post in Canada writes of the struggle peak Millennials face in buying their first property. Leger’s research outlines that 50% of 1000 surveyed believe the new mortgage regulations set by the federal government have impacted the type of property they […]

Study finds more young adults are relying on the bank of Mum and Dad

Study finds more young adults are relying on the bank of Mum and Dad Global News Canada’s journalist, Jon Azpiri, writes of a new study highlighting that more young adults rely on the bank of mum and dad. Many successful Canadian adults are feeling the financial strain in renting and buying a property. Sandro Sgaetti, […]

Gen Ys turn to BOMAD

Gen Ys turn to BOMAD A new survey from the Canada Mortgage and Housing Corporation (CMHC) shows that first home buyers still worry about their finances even after receiving support from family for a down payment on a home. Almost half of Australia’s Generation Y’s are now going straight to the ‘Bank of Mum of […]

Get through university: BOMAD gives students £2,285 each year

Get through university: BOMAD gives students £2,285 each year Research from the site, NotGoingToUni, has revealed that many UK students have turned to the Bank of Mum and Dad for on average £2,285 each year to help them get through university. With a large number of these undergraduate students (87%) confessing to going to their parents […]