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Reply to "Did you get parental help to buy any houses you own? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No, we did not get any help from our parents. Bought a 1.1 million dollar home and put $200,000. I’m proud of us![/quote] Are you saying that you'd be less proud of your parents helped you? Why? What else should rich parents do with their money?[/quote] What is there to be proud of if your parents helped? If they earned it themselves, they accomplished a difficult goal. If you’re parents give it to you, you didn’t have to do anything for it or put work or effort towards it. [/quote] What are you talking about? You still have to have a good job and make good money and have good credit to qualify for a mortgage for a decent house. So, yea, nothing to be proud of if the parents give you a house, but if they help with a down payment? Of course it's still something to be proud of.[/quote] I don’t think it’s the same. Especially if you personally didn’t have the cash for the full down payment yourself. (from your career, not additional help from parents) [/quote] Interesting. Because I sure do. I have hardworking kids who have always done everything right, so yeah I've helped them with down payments and think they should be proud. If they were deadbeats I'd never have done it. I'm also proud of MYSELF that I was able to help. My own parents couldn't. Don't be jealous of people with more money than you.[/quote] You’re assuming they have more money. I own a 2m home with no help. They might be hardworking but surely you can see why someone who saved $200k+ with no help should be prouder? It’s more of an accomplishment. It just is. [/quote] I own a $2 million home and a $1 million home -- both without help. My kids bought houses with my help. I'm no prouder of myself than I am of them. So, nope. I disagree.[/quote] You’re also 60+. I am in my 30’s, it’s just different, trust me. Not comparable. [/quote] I know it's different nowadays and more costly. Trust me. But I have to assume that you (or your spouse/partner if you have one) could afford your expensive house at your young age because you sold out and got some soulless high paying corporate type job that does no one on the planet any good. I didn't want my kids to do that, and I'm proud that they didn't. I'm glad they chose another route. [/quote] You’re reaching here and quite frankly rude. No sorry, not a soulless high paying corporate job. Shaming people your kids age who have to work? It’s pathetic. Maybe you need to do a little soul searching yourself. [/quote] What's the job? Please tell us what industry you were in that allowed you to come up with all of that money by yourself without any help from parents. Also tell us, did they pay for college? Did you live with them after college and save money? Seriously, how did you come up with all of that money with zero help from anyone else? Did you find it in a ditch?[/quote] Full athletic scholarship. No never lived with them. Tech (climate technology) so yes it’s actually a job that does contribute to society. [/quote]
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