Rising London home prices hurting Bank of Mum & Dad

London

RECORD home values in London meant Sheila Shribman had to help her three children, who work as lawyers and a doctor, with a down payment to afford their apartments.

"There is no doubt that they would not have been able to do this without our assistance," the retired doctor said. "Affordable housing is in short supply, renting is very expensive and buying is out of most young people's reach now."