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[quote=Anonymous][quote=Anonymous]We saw that coming with my in laws and we sat them down when they were 60 and said, "you can't live with us and we  won't support you".

We agreed to help them get a house they could afford meaning we put $$ down for them (big mistake). They just refinanced, pulled $$ out and went on a cruise.

10 year later they asked to move in with us. We said NO!

Now they have no money, live in a tiny house in Southern Maryland somewhere... don't know, don't care.

OTOH, my parents are very responsible ... never over spent, [b]we bought my mom (with the $$ when we sold the family home) a condo [/b]in a retirement community. All her expenses are paid with retirement/SS.

We do not give her access to her money because she has scammers try to scam her yearly. She can have as much $$ as she wants but she has to ask and no she can't have $9000 to pre-pay taxes for her Publisher Clearing House win. (True story.) She can access $500/month without asking, we track that to make sure nobody is taking advantage of her. [/quote]

You didn't buy your mom a condo.  Your mom bought herself a condo, with the proceeds from the sale of the house *she* (not you) owned.[/quote]

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