Shocked at how many families in nice DMV neighborhoods are living in relatives' homes

[Anonymous]

Anonymous wrote:

Anonymous wrote:Our kid (only-child) just finished kindergarten at a school in an upscale DMV neighborhood.

We've met at least a dozen families at our school who are living in a childhood home or a living in a house own by an elderly parent/relative and "paying rent" (whatever that means)

Though extracurricular activities we've met other families with the same arrangements in Chevy Chase, Bethesda, and upper NW DC. This is, in fact, pretty widespread.

So, if you're slogging away saving for that down payment, paying for child care and wondering "how do all these people do it????"....just know that this is one of the ways you're getting shut out. I'm honestly surprised at how widespread this is happening.

I don't know...I find this situation much more palatable than the family that just gets a big parent handout to buy a home.

In theory, this family is caring for the elderly parent so it solves a major problem for the elderly parents...which honestly will be a problem for basically anyone. The horror stories of parents at "great" assisted living/nursing homes are plentiful, while the stories of families having to accept that in-home nurses/caregivers will steal from their parents are also common.

Not sure what it is you are angry about in this situation.

Well, as long as it's palatable to you

[Anonymous]

Anonymous wrote:

Anonymous wrote:That’s what happens with restricting housing supply via zoning and giving tax breaks for homeowners. It creates this perverse feudal system of land ownership

Taxing the land properly fixes this

[headdesk]

Feudal does not mean what you think it means.

Lol. A "feudal system." This is hilarious.

[Anonymous]

Anonymous wrote:Man, some of these replies are brutal. Never question where rich kids get their nice things, I guess.

I mean, isn't it a stupid question though?

[Anonymous]

Perhaps OP is envious of its child's classmates who live at reduced rents in a good school district. I recall feeling aggrieved when grandparents paid for college and we had to do it all ourselves. So I can relate but this is life and we're so very lucky and so..cry me a river...

OR

Perhaps OP's parents don't want OPs family living with them and OP resents this.

I think the problem is... OP!

[Anonymous]

Those grandkids and grandparents are so lucky! How incredible... this is what we ought to be doing! Having multiple generations in one house and having our kids learn from the wise ones.

[Anonymous]

Worry about yourself.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That’s what happens with restricting housing supply via zoning and giving tax breaks for homeowners. It creates this perverse feudal system of land ownership

Taxing the land properly fixes this

[headdesk]

Feudal does not mean what you think it means.

Lol. A "feudal system." This is hilarious.

Our current is system is more futile than feudal.

[Anonymous]

People don't like to be reminded that their lives are subsidized by someone else. Really messes with the whole narrative of "success."

[Anonymous]

Anonymous wrote:Those grandkids and grandparents are so lucky! How incredible... this is what we ought to be doing! Having multiple generations in one house and having our kids learn from the wise ones.

People came to the US from Europe because they were sick of dynastic wealth hoarding and all the issues this caused throughout society and economy.

The US now has perpetual trusts, so the same malaise that affects Europe is settling into the United States as we become a "mature" country with a landed aristocracy (and their short-term rental empires).

[Anonymous]

Anonymous wrote:

Anonymous wrote:Those grandkids and grandparents are so lucky! How incredible... this is what we ought to be doing! Having multiple generations in one house and having our kids learn from the wise ones.

People came to the US from Europe because they were sick of dynastic wealth hoarding and all the issues this caused throughout society and economy.

The US now has perpetual trusts, so the same malaise that affects Europe is settling into the United States as we become a "mature" country with a landed aristocracy (and their short-term rental empires).

Chevy Chasers are a far cry from being aristocrats, but the comparison is valid. It's funny that people like OP are "shocked" that wealthy people share their houses with their families, because this his how wealthy people have lived for thousands of years. This is why "house" has the same meaning as "clan". The wealth clans hold houses, often large enough to house dozens of people, through the ages for the purpose of housing their, you guessed it, family.

[Anonymous]

It's good to know OP.

[Anonymous]

It's like OP just woke up to human nature and the way society works. Wealth distribution ain't equal and the wealthy pass it on to their families.

[Anonymous]

Anonymous wrote:People don't like to be reminded that their lives are subsidized by someone else. Really messes with the whole narrative of "success."

This is very true. I once pointed this out to a friend and he was pissed off at me.

[Anonymous]

Anonymous wrote:

Anonymous wrote:People don't like to be reminded that their lives are subsidized by someone else. Really messes with the whole narrative of "success."

This is very true. I once pointed this out to a friend and he was pissed off at me.

Well, yeah. It's a rude thing to "point out."

[Anonymous]

Sour grapes sour grapes sour grapes sour grapes sour grapes sour grapes.