About 60% of parents have provided or plan to provide financial help so their child can buy a home, according to survey results released Thursday by Veterans United Home Loans. This underscores how family wealth is increasingly shaping access to homeownership.

The poll of 400 veterans, active service members and civilians found that 59% of parents have already helped or intend to help with their child’s home purchase in the next three years. That support is even more common among veterans as 68% reported helping or planning to help, compared with 49% of civilians, according to Veterans United.

The findings details ⇒

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