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Reply to "Family wants to give $ for house down payment- WWYD?"
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[quote=Anonymous][quote=Anonymous]How else can a young family buy into a nice neighborhood these days? (We did not get any money from parents, but we are not young, either, about bought 20 years ago when real estate was different. I honestly don't think anyone gets by without gifts from parents now.) [/quote] We just bought a SFH in Fairfax County without help from our parents. We paid for our own wedding, too. When you don't feel entitled to other people's money or a particular lifestyle beyond your means, you make it work. I think it warps people to live beyond their means when they expect huge gifts from parents. I would consider a loan for a down payment of I had the means to pay it back to in-laws. I find it disturbing that OP seems to be completely dismissing her DH's objections. It's not necessarily about pride. It's about values. Or maybe he doesn't have a great relationship with IL's and such a huge gift would create a power imbalance or would make him feel otherwise uncomfortable in his own home. Those feelings matter. An objective of independence and self-sufficiency matters. It matters more than the size of a house. A lot more, to me.[/quote]
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