Should You Help Your Child Buy a Home?

How to make a decision and set ground rules that minimize stress

For 65 percent of young adults, homeownership is part of the American dream. But can they afford their own home … with or without help from you?

Last year, millennials, median age 30, comprised 35 percent of homebuyers — up from 32 percent in 2014, according to the National Association of Realtors. While it’s possible to buy a starter home in Chicago for around $100,000, the price jumps to well over $200,000 in the Northeast corridor and double that in California coastal cities.

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