My answer would be no.
Firstly, it's not fair on your daughters. I'd be fuming if I were them.
You say your son constantly has his hand out for help with debts, so even if you gave him the deposit money to buy a house do you honestly think he is capable of paying a mortgage for the next 25 years. Of course not. He would be holding his hand out to you to pay it.
He has a roof over his head already. Like the rest of us, we can't always have what we want.
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