REAL estate agents are dumping vendors who are stubbornly holding out for ‘‘dream 2010’’ prices instead of dropping their reserve in order to wrap up a sale.

With the number of properties in Melbourne at record highs and listings set to increase over the spring, agents throughout the city are telling growing numbers of vendors that they can keep the house and are walking away.

Barry Plant managing director James Hatzimoisis said there came a time in the sale process when agents had to make a commercial decision and drop vendors demanding substantially more than the market was willing to pay.

‘‘There are always a percentage of vendors on the market who will only sell if they get their price,’’ he said.

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YOUNG battlers are resorting to unconventional ways to break into Melbourne’s housing market.

A growing number of parents are using their own homes as security so their children don’t have to stump up a deposit.

Others are buying with friends and family, renting out a room or buying an investment property to make a start.

Aussie Carnegie mortgage broker Mark Daly said family equity loans, which can allow applicants to borrow the entire value of a home and avoid costly mortgage insurance, were becoming more popular with younger cash-strapped buyers.

Many had used their savings on flashy cars and big-screen TVs but weren’t willing to compromise on location or lifestyle for a home.

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