Buyers investing in properties for their children as hedge against unaffordable future.

The bank of mom and dad has skipped a generation, with parents now buying houses or condos for their school-aged children or grandchildren.

Nervous upper-middle-class homeowners are hoping that the strategy will help younger generations gain a foothold in Vancouver.

http://www.nsnews.com/news/vancouver-parents-buy-property-for-young-children-to-secure-a-future-foothold-1.2272339