Reply to 44, I don’t own a house but kids are in private and college is paid for…

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So you are living well beyond your means. I’m not sure what you want here. Most people with two “good careers” can afford a house, including a down payment. You seem very entitled which may be your parents’ “reason.”[/quote]

I’m not living beyond my means. I don’t have any debt. I wake up everyday and live a good life. My kids are getting an excellent education.

I guess I’m wondering why more people don’t do this and I think the answer is they get trapped in home ownership. In New York people don’t worry about buying, they just take advantage of the opportunities they have. [/quote]

Not trying to attack - when you say you're "wondering why more people don't to this" - what is the this? Get hundreds of thousands of dollars from your parents for your kids education?  Or is it live as renters because it's better than buying a house?

[/quote]

Basically OP is saying they live fine, can’t save for a down payment. Their kids college is ok because of grandparents.

I know many people who rely on parents. We can easily fund our kids but I always tell them that they have to support themselves and families. OP and her family would be the bare minimum I would want my kids to be able to do, basically feed themselves and I will have to pay for my grandchildren’s college. Sigh. That sounds pretty bad actually. [b]Hope my kids do better and able to at least buy a home. We would give them down payment money though. I wouldn’t want them to wait for us to die to buy a house finally in cash[/b].[/quote]

I dunno, I suppose it depends on how important you think it is to own a home. I think a debt free education for every generation is more worth it.[/quote]

Will you be able to do for your grandkids what your parents are doing for theirs?
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