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Real Estate
Reply to "Can we talk about parents buying their adult children luxury homes"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would 100 percent buy my child a nice home if I could. Who wouldn't want to create intergenerational wealth for their child or grandchild. [b]What I find bizzare, however, are people who lead others to believe they are Neiman Marcus achievers when really they earn a Macy's living and got an inheritance or financial help from parents or whatever. [/b] Or they behave same but instead of money from parents, they consume as much free stuff as possible and sell lots of used items for under $10 for cash on FB.[/quote] Yeah I have known lots of people like this. They don’t really let anyone know about the hundreds of thousands of dollars they get from their family. Instead they represent themselves as great financial successes. [/quote] I don’t really think this is true, it’s more that when do you bring up an inheritance? You have to be pretty close to someone to tell them about your finances. Unless they lie about their job, it’s not misrepresenting anything. [/quote]
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