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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]A PP here. Thanking to when my kids are older, I can’t really think of a better investment than to help them buy a house. As a family, we get to build equity rather than throwing money away on rent, they can live somewhere other than a starter home, so avoid the transaction costs of moving. At least as of now, my teenagers are super responsible, hard-working individuals. They are smart, organized and driven. I didn’t best in them over the market any day of the week. To the extent I can support their ability to focus on their education and jobs, I think that’s actually for the best. with my particular kids, I don’t feel that they need to be scrappy or to prove that they can make it on their own.They are both straight a students, have a good groups of friends, do extracurriculars, and our self starters in volunteering to do things in the neighborhood. in terms of where I put my money, they beat the Dow every time.[/quote]
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