Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Can we talk about parents buying their adult children luxury homes"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]OP, you are way too focused on income. Probably a big reason some of those people have lower paying jobs (hopefully that they like!) is because they have generational wealth that they calculate into their job decisions. Generational wealth is why I'm able to be a SAHM right now without stressing about potentially taking a pay cut when I go back. If parents are helping kids with houses, it's probably not a one-time gift thing, it's just estate planning. They may not even have a traditional mortgage, the house may be owned by a family trust or other entity. The house isn't "above their means" just because it doesn't match their W2. Their means include other income including generational transfers and probably also investment income. [/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
