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Reply to "husband wants to buy house with his parents"
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[quote=Anonymous]I'm sorry, but it seems to me that your ILs haven't been particularly good with money nor is your DH. A house to "diversify" investments? Thought you have a house to pay and theirs is paid off. Enough real estate in your portfolio. They need to scale down and not up. The $200k house and $500 in retirement is not enough for 2 people who are in their early 60s to live on specially when moving to a more expensive area. They need to get their own house, and let them leave your husband some money if there is any left over when they die. Seem like they have something to show somebody, maybe friends, that they live better than they really do. All friends know is that the the lawyer lives in a big house now that he is retired.[/quote]
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