Parents are gifting their children an estimated 1 billion euro a year to purchase homes
, according to a mortgage broker.
Dowling Financial claims the 'bank of mum and dad' is dangerously fuelling house price inflation.
Managing Director Michael Dowling says the value of some of the gifts is significant:
€8.65Bn Budget Package To Include Higher Tax Band, €10 Welfare Rise & €1,000 Cut In Childcare
Online School Application System Open To More Wicklow Families
Aughrim Singer Takes The Stage At The 75th Wexford Festival Opera
Ballywaltrim Community Centre To Close For A Week After Collapse Of Scheme Provider
Carnew Emmets Retain Wicklow Senior Hurling Crown With Three-Point Win Over Glenealy