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[quote=Anonymous]There's a lot of young families in Chevy Chase and NW DC who are living in a home owned by their retired parents. In most of the arrangements I know about, the adult children are paying below-market rent. I think the tacit expectation is that the adult child will inherit the home. Retired parents have downsized to a condo elsewhere in the area or Florida (in which case they may spend holidays and weeks of the summer in their house). It's definitely a thing around here. And its a good way to keep assets in the family. [/quote]
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