The Bank Of Mum & Dad - Part 1

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2+ y ago 25:44

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The Bank of Mum and Dad plays a sizeable role when it comes to helping young home buyers on the property ladder. Consume This research has found the Bank of Mum and Dad (BOMD) has doled out a whopping $22.6 billion in loans. That make it the fifth largest lender after ANZ, ASB, Westpac and BNZ when it comes to owner-occupier loans.

You can find out full Bank Of Mum & Dad research report here.

In this episode we're joined by economist Shamubeel Eaqub, and recent Bank of Mum & Dad recipient Thomas Swain as we ask what effect this is having on Aotearoa.

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