Reply to In-laws are broke, DH has offered to help

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wait a minute..I thought all Boomers were hoarding money by staying in their 
house  purchased with the low interest rates when they were young teens-  that have now made them all wildly rich, preventing everyone else from owning any property ever. Oh, and taunting everyone with it.

So, no, it turns out it's not a thing? Oh. [/quote]
Many are! The rest are out spending like there's no tomorrow and expecting their kids to pick up the tab.[/quote]

If they are spending it is because they have the money,  so no one is picking up the tab, and because it isn't a crime to spend their own money. And no, they didn't game the system- they paid the same dues, no low interesr rates 20 , 30 years ago, and it took both salaries and 35  + years of work to qualify.  [b]It's nice if there is an inheritance, but it shouldn't be assumed.[/b] 
This thread subject is more  realistic. Many Boomers are not sitting in the lap of luxury and it isn't because  they were reckless. They never had all this supposed wealth . [/quote]
Are you reading the correct thread? They can't afford their mortgage. There is no inheritance, there is no money, there is debt and potential homelessness looming. GMAFB here. They cant afford their lifestyle and their kids are paying the price. [/quote]

Yes, you are confused becaus I am answering the PP not the OP's comment. You didn't check that. [/quote]

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