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][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]

Well this is a weird comment.  Did you accumulate your wealth taking care of orphans?  What is an acceptable job that allows a person to not have to get an allowance from their parents as an adult?[/quote]

We're not talking about my wealth.  We're talking about how this poster got $200k before 30 to buy a $1.1 million house.  She did it by selling out.  Probably biglaw.

By the way, how did the poster pay for college and grad school?  She obviously didn't take out loans -- no way she could pay them off AND come up with $200k by 30.  So we know the parents paid.  Nothing to be proud of there, eh? 
[/quote]

Again you’re making assumptions. You’re picking on someone your child’s age. Bizarre behavior lady. No grad school. Undergrad paid for by full athletic scholarship. [/quote]

Also, house is 2m, purchased at 32. Not sure where you got 1.1 by 30.  [/quote]

Ok, I get it:  you're super proud.  So tells us how you got the money.  [/quote]

I just did. Again, reminder, you’re shaming someone your child’s age who worked for their own home and lifestyle. The fact that you don’t see how emotionally immature and bizarre this is says a lot about your character. This isn’t normal. [/quote]

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