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First-Time Buyers Rely on Parental Housing | Leeds News
Young first-time buyers are turning to their parents for a financial lifeline, living rent-free in what’s dubbed the “Hotel of Mum and Dad.” In 2025 alone, this support saved buyers an estimated $7.6 billion, with 254,000 buyers averaging 3.5 years at home—saving $160 weekly. For 63% of first-time buyers, this family assistance was crucial, rising to 71% in London, where over a quarter stayed for five years or more. While direct gifts get headlines, the long-term value of free housing is equally transformative—and underscores a widening gap for those without such support. Listen in…
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