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

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[quote=Anonymous][quote=Anonymous]I've been living close to downtown Bethesda for more than 10 years, know hundreds of people from elementary, middle and high schools in the area because my kids are older teens, and NO, this is not a common occurrence, OP.

Why are you so obsessed with other people's living arrangements? We have no family help or high salaries, yet I have zero issues with the people who do. DH and I will be the generation who helps their children. If you have money, you'll do the same for your children. See how that works? Why is it a problem when others do it, but not when you do it?

Your jealousy is making you really stupid.

[/quote]

I think maybe some of the OP's response is because when you are trying to make sound financial decisions for your family, it certainly helps to have full information.  I remember spending a lot of time when my kids were in elementary school trying to figure out "what we were doing wrong" that everyone else our age claimed to have a beach house where they spent all of their vacations, when in reality it was their parents' beach house, their parents' time share, etc.  I was raised in a family where we didn't really talk about money, so I honestly had no idea that people came from such different financial situations than we did or that there were all of these ways to play the system of which we were unaware.   (OFf the top of my head I can recall the dude in my foreign service class who used his housing allowance to pay the mortgage on a house that his parents put up a down payment for, when I was paying for a furnished apartment with my housing allowance since I didn't own any furniture, etc. Some other guy who rented a room in a friends' house, friend charged him the maximum housing allowance, and then they split the money, etc.)

I am now in the situation of being the person who presumably other people wonder about.  I think it's a social class thing.  Those at the top don't share their insider knowledge with the proletariat, and so you don't know that they do things like combining a vacation with a business trip so that they can save money on plane tickets and hotel rooms, they are able to deduct payments on one of their fancy car leases because someone has a 'business' that generates very little income and they declare it a loss every year, someone who you occasionally see at the ski slope is actually a 'disabled vet' whose kids are getting to go to college for free, someone got a big settlement from an insurance company for some kind of injury, etc.  There is a  lot of underhanded and quasi-legal stuff taking place that you generally don't know about.  Think about all of the news about Trump's finances -- the way that he didn't pay any taxes, and claims to be a billionaire who somehow also didn't generate any taxable income.  The older I get, the more cynical I get. [/quote]

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