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[quote=Anonymous][quote=Anonymous]For all of those who speak negatively about OP, helping kids buying their house is a very common thing in many other cultures, especially in non-Caucasian, less developed countries. Even middle class or lower-middle class parents in those countries would do whatever they can to save up at least some money and help their kids buy their first house.

It's a very Western Caucasian thing for middle class parents to completely leave their kids on their own when it comes to buying their first house. I guess it's because less developed countries don't have a social safety net like Section 8 vouchers, strong tenants protection, as well as readily available 30-year fixed rate mortgage with only 3-5% down payment.

- Signed, an immigrant from 3rd world country where most parents from lower-middle class and above would provide some financial help to their kids for house purchase.[/quote]

However, in most "western caucasian cultures", there are no strings attached.  Unlike the asian focused cultures you describe where the parental help comes with major strings attached---those parents fully expect their kids to take 100% care of them as they age....and that means at home with one or more of the kids, with you being at their beck and call.  So it's not just "out of the goodness of their heart" typically
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