I’ve had many patients who gave large sums to their children for purchasing a house. Had this money been documented as a loan, they 1. Would have been paid back when kids sold that house, and
2. If the adult child must sell in the case of divorce, then the parents money is returned prior to the couple splitting the proceeds.
In one case, the daughter and grandchildren had to move to FL and live with parents, as she couldn’t afford anything else, and they no longer had spare money.
3bm103, back when I bought my first condo, I didn’t need parental money. When I read about the cost of housing in SF, Seattle, etc., I can’t imagine young adults being able to purchase without help.