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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DH and I want to help DS to purchase his first townhouse, around 1M, but we want DS to have skin in the game.  DS has lived at home with us for three years and saved up 95% of his annual salary, after taxes, for the past three years with about 240K in his account.  When he officially moved out two months ago, we gave him 600K for his 1M home purchase down payment. IMHO, that is the right approach. [/quote]

Are you a troll? No one needs a million dollar house as their first home. [/quote]

In the end the children know deep inside they never did anything on their own and know they are weak lightweights. [/quote]

Not really, you are just jealous

Plenty of kids lead very successful lives and do great things at their jobs and still have wealthy parents who "help out".  If parent is worth millions and set for retirement, why wouldn't you give your kids whatever is reasonable to you for a downpayment?  Can't take it with you and it helps them much more now than when they are 50/60 and you are dead[/quote]

Yes. All great men and women of history including Christ himself had parents that bought them a house at 25 plus years of age to ease them into the harshness of shelter procurement. [/quote]

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