Reply to How old were you when you bought a house that is $1.2m+

Forum Index » Money and Finances

Reply to "How old were you when you bought a house that is $1.2m+"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think the OP you are referring to is Asian. It is very common for Asian parents (especially ones that are still in Asia) to pay for huge downpayment or buying outright. I know one Chinese colleague, she and her husband bought a $2.2m townhouse in Georgetown at 28. It was paid entirely by the parents.

But do keep in mind, they have to take care the parents after they retire. No senior living community, which is considered a shame. I'm not sure I would trade parents help for that.[/quote]

No, no and no. [b]Please stop with the cultural assumptions.[/b]

[/quote]

I am curious about whether this is a person who is progressive or not. Because the anti-racist education that is on the rise is *entirely* predicated on making these types of assumptions.[/quote]

It is also anti-factual.  Reality is that many Asian families do have these kind of expectations.  Not all, of course, but many do.  I don’t know why we are now not allowed to acknowledge facts because we don’t approve.[/quote]

The majority of Asians are not rich nor have even close to this amount of money. The majority of people in this country will are not millionaires and will never be millionaires.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics