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Home / Pattie Lovett-Reid: 'Bank of Mom and Dad' is still open for business, but should it be?

Pattie Lovett-Reid: 'Bank of Mom and Dad' is still open for business, but should it be?

Posted on June 16, 2021June 16, 2021 by admin

A new report by Manulife Bank found that three out of four people who want to purchase a home simply can’t afford one, with one third of homeowners admitting they needed help from their parents for the purchase, writes CTV News’ Chief Financial Commentator Pattie Lovett-Reid.
Source: ctv business
Pattie Lovett-Reid: ‘Bank of Mom and Dad’ is still open for business, but should it be?

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