Reply to Can we talk about parents buying their adult children luxury homes

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[quote=Anonymous][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]
I have a friend that is pretty open about the fact that he begged his grandparents for money for his ridiculously expensive house. In contrast my DH has a friend that bought a $3M house and sent out the Zillow link in an email to the entire friend circle and implied that it was all due to him being a SV hot shot. When it was actually an inheritance from his wife’s family. How is it tacky to not talk about inheritance but not to talk about how expensive your home is?[/quote]

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