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

[Anonymous]

Anonymous wrote:This can be a win-win for families with elderly parents. Cheaper than paying for care when parents can still help, and cheaper for elder care when parents need help.

We have 3 families that have had a middle aged son move in, but in these cases the men are all divorced and 2 have health problems with the elderly parents providing the support.

Right? What does OP have against intergenerational living. It used to be the norm and for good reasons.

[Anonymous]

Anonymous wrote:I’m not surprised those who participate in this kind of arrangement jump to defend it. Entitled people tend to not see or care about the larger macro issues here - this directly contributes to shortage of housing supply which continues to drive up prices, making it all the more unaffordable for those who do not come from generational wealth.

This is why certain neighborhoods in DC and around - many already identified here like CCDC and CCMD - are insufferable. Full of old boomers and their entitled children.

Wait, so you think they should sell the family home, send the elders to a nursing home and the young family to an apartment across town where they will rarely see Grandma, all so you can buy their family home? Who's entitled here?

And how does this family living in one home instead of two create a housing shortage?

[Anonymous]

Anonymous wrote:

Anonymous wrote: I feel kind of bad for people who won't ever had a feeling of personal fulfillment from standing on their own two feet

Agree. So beta

That's so cringe.
Only those drowning in insecurity buy into that alpha/beta nonsense.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I will never sell my house in MoCo. When we retire, I will keep the house and have one of my adult children live in it. Financially it doesn't make sense to sell.

I used to think that but I’m not sure that the county will be same if the council and the planning department have their ways. We bought a vacation house in another county that we might eventually retire to with the idea that we’d let the kids live in our current house later, maybe with another addition, but it’s looking more likely as if we’d just split it up into some multiunit monstrosity and rent it all out. The kids can just have the income to use to live elsewhere and the equity to borrow against.

Ooooooh, you don't want to do that.
OP will out you and put you on a list!

[Anonymous]

Anonymous wrote:

Anonymous wrote:This can be a win-win for families with elderly parents. Cheaper than paying for care when parents can still help, and cheaper for elder care when parents need help.

We have 3 families that have had a middle aged son move in, but in these cases the men are all divorced and 2 have health problems with the elderly parents providing the support.

Right? What does OP have against intergenerational living. It used to be the norm and for good reasons.

Intergenerational living in the US was the norm until after WWII. I don't think people were complaining about house prices due to this back in the day...but I will have to go look for the DCUM town crier pamphlet that I am sure existed in the 1920s.

[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.

+1. Someone was asleep in history class.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I’m not surprised those who participate in this kind of arrangement jump to defend it. Entitled people tend to not see or care about the larger macro issues here - this directly contributes to shortage of housing supply which continues to drive up prices, making it all the more unaffordable for those who do not come from generational wealth.

This is why certain neighborhoods in DC and around - many already identified here like CCDC and CCMD - are insufferable. Full of old boomers and their entitled children.

Wait, so you think they should sell the family home, send the elders to a nursing home and the young family to an apartment across town where they will rarely see Grandma, all so you can buy their family home? Who's entitled here?

And how does this family living in one home instead of two create a housing shortage?

If we are talking about CCDC and CCMD PP is referring to people who own more than one house, and instead of selling, they give the other house to their kids for free or subsidized “rent.” Intergenerational living is another matter and quite rare in these wealthy, predominantly white DC neighborhoods. More common in Asian families.

I live in CCMD in a desirable school district and two families are like this. There was a house that for many years was basically abandoned. Owned by an older couple in CCDC who are wealthy enough to not have to sell. Eventually they fixed it up and gave it to the kids to live in. The other house was given to adult children after parents decided to downsize and moved into an expensive condo in FH. So yes, situations like this contribute to the low supply esp in good school districts. Properties stay in the same family as opposed to going on the market and allowing new families to enter - some of which will be like OP who get no parental help, others buy with help.

[Anonymous]

I’m not in the DMV, but MA. Expensive area although not as exclusive as some.

We have neighbors who live in a relatives home with their kids. Heck, we bought our house from a family that did the same thing for 30 years.

It’s not uncommon at all and it’s not cheating. It’s life. What a mean spirited and snobby post.

[Anonymous]

I've lived in CCMD for 20+yrs and don't know anyone who lives in their parents' house. Maybe I don't run with the right crowd?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m not surprised those who participate in this kind of arrangement jump to defend it. Entitled people tend to not see or care about the larger macro issues here - this directly contributes to shortage of housing supply which continues to drive up prices, making it all the more unaffordable for those who do not come from generational wealth.

This is why certain neighborhoods in DC and around - many already identified here like CCDC and CCMD - are insufferable. Full of old boomers and their entitled children.

Wait, so you think they should sell the family home, send the elders to a nursing home and the young family to an apartment across town where they will rarely see Grandma, all so you can buy their family home? Who's entitled here?

And how does this family living in one home instead of two create a housing shortage?

If we are talking about CCDC and CCMD PP is referring to people who own more than one house, and instead of selling, they give the other house to their kids for free or subsidized “rent.” Intergenerational living is another matter and quite rare in these wealthy, predominantly white DC neighborhoods. More common in Asian families.

I live in CCMD in a desirable school district and two families are like this. There was a house that for many years was basically abandoned. Owned by an older couple in CCDC who are wealthy enough to not have to sell. Eventually they fixed it up and gave it to the kids to live in. The other house was given to adult children after parents decided to downsize and moved into an expensive condo in FH. So yes, situations like this contribute to the low supply esp in good school districts. Properties stay in the same family as opposed to going on the market and allowing new families to enter - some of which will be like OP who get no parental help, others buy with help.

Are these families as detestable as this thread would suggest?

[Anonymous]

Anonymous wrote:I will never sell my house in MoCo. When we retire, I will keep the house and have one of my adult children live in it. Financially it doesn't make sense to sell.

Good luck with anyone wanting to live there.

[Anonymous]

This worsen income inequality. There are ways you can use the tax code to redistribute to those who are not as fortunate....the irony of course is that many of these people are probably liberal preachers lol

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m not surprised those who participate in this kind of arrangement jump to defend it. Entitled people tend to not see or care about the larger macro issues here - this directly contributes to shortage of housing supply which continues to drive up prices, making it all the more unaffordable for those who do not come from generational wealth.

This is why certain neighborhoods in DC and around - many already identified here like CCDC and CCMD - are insufferable. Full of old boomers and their entitled children.

Wait, so you think they should sell the family home, send the elders to a nursing home and the young family to an apartment across town where they will rarely see Grandma, all so you can buy their family home? Who's entitled here?

And how does this family living in one home instead of two create a housing shortage?

If we are talking about CCDC and CCMD PP is referring to people who own more than one house, and instead of selling, they give the other house to their kids for free or subsidized “rent.” Intergenerational living is another matter and quite rare in these wealthy, predominantly white DC neighborhoods. More common in Asian families.

I live in CCMD in a desirable school district and two families are like this. There was a house that for many years was basically abandoned. Owned by an older couple in CCDC who are wealthy enough to not have to sell. Eventually they fixed it up and gave it to the kids to live in. The other house was given to adult children after parents decided to downsize and moved into an expensive condo in FH. So yes, situations like this contribute to the low supply esp in good school districts. Properties stay in the same family as opposed to going on the market and allowing new families to enter - some of which will be like OP who get no parental help, others buy with help.

Are these families as detestable as this thread would suggest?

No, they are fine, but they are privileged. I don't think OP suggested these kinds of family are "detestable"? If anything OP just comes across as naive. And perhaps desiring of validation / praise that he/she was able to afford such a neighborhood without any parental help. Good job OP, you did it all on your own.

[Anonymous]

OP isn't talking about intergenerational living, they are talking about low cost "rent" of an unoccupied house in a high cost area, provided by family.

I know several old friends with rich families who have done this. One had grandma's condo gifted to her to live in after grandma died, for example. Her family owned at least 3 different houses: their large sfh, grandma's expensive condo, and a "vacation" house about an hour away.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m not surprised those who participate in this kind of arrangement jump to defend it. Entitled people tend to not see or care about the larger macro issues here - this directly contributes to shortage of housing supply which continues to drive up prices, making it all the more unaffordable for those who do not come from generational wealth.

This is why certain neighborhoods in DC and around - many already identified here like CCDC and CCMD - are insufferable. Full of old boomers and their entitled children.

Wait, so you think they should sell the family home, send the elders to a nursing home and the young family to an apartment across town where they will rarely see Grandma, all so you can buy their family home? Who's entitled here?

And how does this family living in one home instead of two create a housing shortage?

If we are talking about CCDC and CCMD PP is referring to people who own more than one house, and instead of selling, they give the other house to their kids for free or subsidized “rent.” Intergenerational living is another matter and quite rare in these wealthy, predominantly white DC neighborhoods. More common in Asian families.

I live in CCMD in a desirable school district and two families are like this. There was a house that for many years was basically abandoned. Owned by an older couple in CCDC who are wealthy enough to not have to sell. Eventually they fixed it up and gave it to the kids to live in. The other house was given to adult children after parents decided to downsize and moved into an expensive condo in FH. So yes, situations like this contribute to the low supply esp in good school districts. Properties stay in the same family as opposed to going on the market and allowing new families to enter - some of which will be like OP who get no parental help, others buy with help.

So the older couple had raised their family in this house and then decided to downsize, allowing their adult children and grandchildren to live in the house. How was the house “basically abandoned”? Where were the adult children living prior to moving into the house? I hear envy rather than rationality in these examples.