Reply to How would you handle this situation regarding helping out an AC with money?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm with the other PP's. She needs to become independent and that means making compromises. Has she looked into a studio or 1BD in the same building?

She's 33 and I assume she's dating. Reverse the genders here.... who would find a mid-30's man living off the parents' dole to be an attractive catch??

[/quote]

This really is such a difference between the punitive middle class mentality and the expansive wealthy mentality. Do you think the kid of a rich person is living in a studio in a sh**y part of town, because that's the only way they have any social capital? No, their parents buy them a great apartment - and maybe even a movie studio if they really want it. https://www.nytimes.com/2024/07/07/business/media/david-ellison-paramount-skydance.html#:~:text=paramount%2Dskydance.html-,Meet%20David%20Ellison%2C%20Paramount's%20Future%20Boss%20and%20Hollywood's%20Newest%20Mogul,most%20powerful%20people%20in%20Hollywood.

Is anyone looking down on this guy because daddy bought him a company?

For gd's sake, if your parents are comfortable helping your sister live a nicer life, then it's hard to see why everyone has to tut tut about how it teaches her the wrong lessons and is going to lead to such harms. No, it's parents with money helping a kid in a helping profession live more comfortably - just like parents with money do all over the land.

Doesn't mean your parents have to do it. They can cut her off if they want. I like the idea of helping with a down payment so she can start building capital. But it's certainly not going to lead to a live of drugs and crime if she has a nicer apartment because your parents are generous.[/quote]
Again, those are different things.  A company that is bought for you by your parent is a one time thing. The expectation by the parent is that the AC can support themselves now with this one time "gift".

Continuing to pay for rent because the person doesn't want to figure out how to stand on their own is not the same as providing a one time gift to help them stand on their own.

Sure, they can help with a dp on a condo; that would be more similar to buying a company for your AC.  But, there would be an expectation that the AC could pay the mortgage on the condo they helped them buy, and not that the parents would continue to help pay for the mortgage on that condo.[/quote]

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