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Real Estate
Reply to "Can we talk about parents buying their adult children luxury homes"
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[quote=Anonymous]I really don't see why people care about this. There will always be people who are richer than you and wealth of parents is a benefit for their children. Yes, it can be both a blessing and a curse. As others have mentioned, it makes sense financially for parents to transfer wealth before they pass away. fwiw I was raised LMC by a single parent and do not have this benefit. I don't judge people who are are lucky by circumstances of being birthed into wealth (unless they are snobs or jerks). I also don't believe in excessive taxation because I do not believe that state-directed wealth redistribution is an effective measure to address inequality. [/quote]
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