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Reply to "Giving kids a down payment "
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[quote=Anonymous][quote=Anonymous]I was planning to give 100k to each kid. I have two. But one lives in a much more expensive state so I may have to give more like 200k. I wish I could give more to both but that's about my limit. [/quote] As the sibling who moved to a higher COL area, I did it because salaries in that region made it worthwhile. I would never expect my parents to subsidize that choice to the tune of a 100% greater monetary gift than my siblings got. (None of us got down payment money, but this reasoning shocked me enough to comment anyway. )[/quote]
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