Reply to Who here is regularly supporting their adult children financially?

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Reply to "Who here is regularly supporting their adult children financially?"

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[quote=Anonymous][quote=Anonymous]Most people I know in their late 20s and early 30s (I am 31) got their parents to either cosign mortgages in the last few years or provide the down payment. The majority of these people have graduate or professional degrees, are working and are married or engaged. This was especially true if they had a baby. The grandparents seem to be horrified by the idea that their grandchild would live in a rental townhouse. [/quote]

My siblings and I are in our thirties.  We all bought homes without parental help.  Frankly, we didn't need it. Our parents paid for 100% of our education and bought us our first car (one of my siblings is still driving hers), and we all got graduate + level degrees and started our careers making very good money with no debt.  It did not take long to save for a down payment.  We also waited to have children until our early thirties, and we all married people with similar work ethic.  There is so much entitlement on this board.  It is antithetical to how I was raised.  I am grateful that I got a free education and would never expect my parents to chip in on a down payment or fund my portion of a family vacation.

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