Reply to Can we talk about parents buying their adult children luxury homes

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[quote=Anonymous][quote=Anonymous]All of my friends who own in this market had parents give them a down payment, mostly around 100k. It took my husband and I 10 years to save that much and pay off our student loans while throwing away money in rent. Now we are finally in a position to buy and we cant because we aren’t competitive in this crazy market. Meanwhile our friends have turned their first condo/house into their second house and made significant profits while we have eeked by in the same apartment, diligently saving like fools. I don’t begrudge them their privilege, but it enrages me when they aren’t empathetic to our situation or act like they are better than we are because they are homeowners or had the good fortune to be born to parents who gave them a massive leg up over the rest of us. [/quote]

We (were) in a similar situation due to our former social circle. I walked away from those friends, anyone who takes such an attitude is very toxic and not worth having around.

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