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General Parenting Discussion
Reply to "Do you worry about your children experiencing downward mobility?"
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[quote=Anonymous][quote=Anonymous]I think some kids may think they are going to roll out of their parents' houses and into houses that look like their parents' houses. My housing was pretty grim in my 20s and early 30s. Give the kids time. They'll work it out.[/quote] +1 My first apartment was a tiny studio in a crappy part of LA (I'd had a bad roommate experience my last year of college and refused to have roommates, not the best decision!). Now I live in a house that is valued at just about the same amount as the house I grew up in (I looked them both up on zillow). And, like my parents, we can pay for our kids to go to public universities with no debt and doing well in funding our retirements. That's a pretty normal path IME. It takes time.[/quote]
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