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Reply to "Shocked at how many families in nice DMV neighborhoods are living in relatives' homes"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I will never sell my house in MoCo. When we retire, I will keep the house and have one of my adult children live in it. Financially it doesn't make sense to sell. [/quote] THIS. I am planning to move out of the area but has decided not to sell my house in Bethesda. Keeping it for the children.[/quote] Except most kids don’t want their parents’ house. All the old people around me in CC MD are amazed their kids don’t want their house, mainly because it was last updated 30’years ago and lots of deferred maintenance and the kids created lives elsewhere. Talk to the kids and they wish the parents would just sell it and save them the hassle of cleaning out the house and selling it. [/quote] All the adult children on our block of CCMD are licking their chops to get back into their childhood homes. Proximity to great privates and great publics, easy commute to work, big yards and parks for their kids to play, what's there not to like? We know of a couple of families who are within a few houses from their childhood homes. And one who actually had to buy their childhood home from a third party because their parents sold it and they're always complaining/ laughing about it[/quote] In theory they live elsewhere, no? Just curious how they think parents will give them a house but what will the siblings get? If parents have tons of $$$s so that they just give the kid that gets the house less cash, well then these adult children are wealthy and can buy their childhood home equivalent outright, no? [/quote]
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