Which part of the Bay Area do they represent? This sounds unusually high to me. What I see more of is people just moving or planning to move back into their parents’ homes when they have kids and doing some ADUs, expansions to accommodate.
Taking out a second mortgage on your home in your 60s?
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Not a uncommon

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The kids then pay them back. A large percentage is written off as a gift. Also more commonly, parents take out enough to make the 20%+ down payment, which is still prohibitive for most of my peers on their own (in Oakland).
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