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Reply to "Shocked at how many families in nice DMV neighborhoods are living in relatives' homes"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m not surprised those who participate in this kind of arrangement jump to defend it. Entitled people tend to not see or care about the larger macro issues here - this directly contributes to shortage of housing supply which continues to drive up prices, making it all the more unaffordable for those who do not come from generational wealth. This is why certain neighborhoods in DC and around - many already identified here like CCDC and CCMD - are insufferable. Full of old boomers and their entitled children. [/quote] Wait, so you think they should sell the family home, send the elders to a nursing home and the young family to an apartment across town where they will rarely see Grandma, all so you can buy their family home? Who's entitled here? And how does this family living in one home instead of two create a housing shortage? [/quote] If we are talking about CCDC and CCMD PP is referring to people who own more than one house, and instead of selling, they give the other house to their kids for free or subsidized “rent.” Intergenerational living is another matter and quite rare in these wealthy, predominantly white DC neighborhoods. More common in Asian families. I live in CCMD in a desirable school district and two families are like this. There was a house that for many years was basically abandoned. Owned by an older couple in CCDC who are wealthy enough to not have to sell. Eventually they fixed it up and gave it to the kids to live in. The other house was given to adult children after parents decided to downsize and moved into an expensive condo in FH. [b]So yes, situations like this contribute to the low supply esp in good school districts[/b]. Properties stay in the same family as opposed to going on the market and allowing new families to enter - some of which will be like OP who get no parental help, others buy with help. [/quote] Wrong and it's amazing you can't see how ridiculous your logic is. There is a housing shortage for their children too but, nope, you're more entitled to their home than their children. Go outside, stomp your fit, ball up your fists, throw yourself on the ground and have a good cry. Maybe someone will come along and give you milk and cookies. [/quote] Agreed. This isn't a situation where a house is demolished, or converted into four 1 BR condos. A family lives in that house, just like it did before, and just like it would if it were up for sale. But since the family that lives there didn't pay full price for it, it somehow diminishes the housing supply in good school districts? Makes no sense. [/quote]
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