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Reply to "In-laws are broke, DH has offered to help"
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[quote=Anonymous][quote=Anonymous]My in-laws had no money to pay to move out of their place and into a new one when their landlord sold, so we gave them 5k. They ended up in that position because they could not pay their mortgage, so they sold and rented instead of buying. My warning would be that them moving out of their home now will mean either renting or buying a smaller place that might only be marginally cheaper due to interest rates. The rent scenario is the worst one of all. My in-laws had to move three times since, pay more and more each time...Total nightmare and I am dreading the day they ask for more money.[/quote] That can be fixed by telling the in-laws clearly that they need to rent something cheap, because you're not giving them another cent. [/quote]
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