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Real Estate
Reply to "Millennials aren't going to buy your ugly mcmansions, silly Boomers!"
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[quote=Anonymous][quote=Anonymous]Why buy when you're already living in the basement for free?[/quote] Fast forward 20 years from now with Dad dead for 10 years and mom dead for two months, and the three high powered sisters who made something of their lives arrive to boot you out of the basement and each claim their one-quarter of the inheritance. As a real estate agent, I see this often. Mom and Dad do not leave the house to the basement dweller but all of the siblings in equal shares. The 55 year old basement dweller has about $250,000 in house proceeds and little money Mom had left to live for the rest of his meaningless life (yes, it is usually the failure-to-thrive son who lives in the basement). [/quote]
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