Anonymous wrote:Housing is too expensive so multi-generational living is becoming more common. Sign of the times.

To people bashing OP, you missed the point that she’s telling people who may be puzzled why others are pulling off “homeownership “ and they aren’t that this could be why: they didn’t actually buy the home - they’re adults living with their parents. So it’s also not “they don’t buy Starbucks” and “they lived off Ramen for 10 years” or “they commuted for 15 years first.”

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Anonymous wrote:Meritocracy is out and inheritance is in is the message from OP.

OP is just jealous and doesn’t seem to have a clue about how the world works.

I disagree.
She is answering the frequently asked question of “how are young people affording this crazy house prices.”

by having jobs, doing without, and saving money. She is a person who has never lived below her means because she is entitled to have all the nice things including other people's houses just because she is more special than others.

You are the most repulsive kind of poster here. You know nothing about other people’s lives but congratulate yourself and insult others.

Anonymous wrote:Housing is too expensive so multi-generational living is becoming more common. Sign of the times.

To people bashing OP, you missed the point that she’s telling people who may be puzzled why others are pulling off “homeownership “ and they aren’t that this could be why: they didn’t actually buy the home - they’re adults living with their parents. So it’s also not “they don’t buy Starbucks” and “they lived off Ramen for 10 years” or “they commuted for 15 years first.”

Anonymous wrote:I think it’s so funny that people who literally got a free house from their parents are jumping on OP for being entitled, when OP literally only said it’s helpful to know what s/he describes, and does not claim that s/he deserves any kind of shot at those houses.

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Anonymous wrote:I think people are overreacting to OP. I just think their point was that if you assume that everyone living in a million dollar (or more) home just has a very high income and is better at saving or financial management than you-- you are missing part of the picture. This is true of some people but many people are getting into those homes other ways often by inheriting money for a down payment or inheriting the house itself. I don't view this as a value judgment but just information. I think people in their 20s and 30s have a tendency to think that everyone in their same industry or with similar education background is working from the same resources and this misunderstanding actually LEADS to the jealousy and resentment people feel at times. But if you understand that people are working with very different resources and from different starting points then I find it harder to be resentful of it because it makes me realize that we are doing fine.

We have friends who were gifted large sums to buy homes. We also know people who inherited money or homes. We also know people with high incomes who could simply afford more house. We also know people who are just extremely scrupulous savers. And we know people who are some combingation of the above. The point is that everyone is on their own path and figuring out what works based on their situation. Understanding this liberated me to make choices that made sense for me and not worry about whether I was on the same page as peers becasue it turns out we just have very different lives and comparing doesn't make sense.

But that also cuts the other way. Occasionally I come across people who are impressed with themselves for what they have even though they have major advantages most people don't have. I roll my eyes at these peopel who I think are often naive and lack context. There are people who believe "everyone" gets money from their parents for a house or that "everyone's" parents paid for their education or will pay for their kids education. These people are as insufferable (perhaps more so) than people who complain all the time about things being unfair imo.

But why compare at all? You presented this like the only options are to jealously stare at what other people have and either make assumptions or become resentful. You could also just focus on you and your family. Build your wealth. Create your joy. Appreciate what you have. Be grateful for your own life.

Your happiness is never in your neighbor's yard. It’s always on your own side of the fence.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Meritocracy is out and inheritance is in is the message from OP.

OP is just jealous and doesn’t seem to have a clue about how the world works.

I disagree.
She is answering the frequently asked question of “how are young people affording this crazy house prices.”

by having jobs, doing without, and saving money. She is a person who has never lived below her means because she is entitled to have all the nice things including other people's houses just because she is more special than others.

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Anonymous wrote:Everyone missed the point that it’s a sign of how unaffordable housing is and that much of what you might think is people affording homes is actually an illusion.

Yep. Welcome to America in 2024.

It’s called welcome to the victim mindset and learned helplessness. People that actually want to improve their life don’t worry about stupid stuff like this.

Anonymous wrote:OP, you seem to live in your head and at least at the moment you wrote your "at least a dozen" and "that is, in fact, pretty widespread" (given your exhaustive and meticulous research... in your head), it seems like you want to let the world know that that... people help their kids! With the invitation to "shock" us ... you ought to smoke something different!

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Anonymous wrote:I’m not surprised those who participate in this kind of arrangement jump to defend it. Entitled people tend to not see or care about the larger macro issues here - this directly contributes to shortage of housing supply which continues to drive up prices, making it all the more unaffordable for those who do not come from generational wealth.

This is why certain neighborhoods in DC and around - many already identified here like CCDC and CCMD - are insufferable. Full of old boomers and their entitled children.

Wait, so you think they should sell the family home, send the elders to a nursing home and the young family to an apartment across town where they will rarely see Grandma, all so you can buy their family home? Who's entitled here?

And how does this family living in one home instead of two create a housing shortage?

If we are talking about CCDC and CCMD PP is referring to people who own more than one house, and instead of selling, they give the other house to their kids for free or subsidized “rent.” Intergenerational living is another matter and quite rare in these wealthy, predominantly white DC neighborhoods. More common in Asian families.

I live in CCMD in a desirable school district and two families are like this. There was a house that for many years was basically abandoned. Owned by an older couple in CCDC who are wealthy enough to not have to sell. Eventually they fixed it up and gave it to the kids to live in. The other house was given to adult children after parents decided to downsize and moved into an expensive condo in FH. So yes, situations like this contribute to the low supply esp in good school districts. Properties stay in the same family as opposed to going on the market and allowing new families to enter - some of which will be like OP who get no parental help, others buy with help.

Wrong and it's amazing you can't see how ridiculous your logic is. There is a housing shortage for their children too but, nope, you're more entitled to their home than their children. Go outside, stomp your fit, ball up your fists, throw yourself on the ground and have a good cry. Maybe someone will come along and give you milk and cookies.

Agreed. This isn't a situation where a house is demolished, or converted into four 1 BR condos. A family lives in that house, just like it did before, and just like it would if it were up for sale. But since the family that lives there didn't pay full price for it, it somehow diminishes the housing supply in good school districts? Makes no sense.

Anonymous wrote:I think people are overreacting to OP. I just think their point was that if you assume that everyone living in a million dollar (or more) home just has a very high income and is better at saving or financial management than you-- you are missing part of the picture. This is true of some people but many people are getting into those homes other ways often by inheriting money for a down payment or inheriting the house itself. I don't view this as a value judgment but just information. I think people in their 20s and 30s have a tendency to think that everyone in their same industry or with similar education background is working from the same resources and this misunderstanding actually LEADS to the jealousy and resentment people feel at times. But if you understand that people are working with very different resources and from different starting points then I find it harder to be resentful of it because it makes me realize that we are doing fine.

We have friends who were gifted large sums to buy homes. We also know people who inherited money or homes. We also know people with high incomes who could simply afford more house. We also know people who are just extremely scrupulous savers. And we know people who are some combingation of the above. The point is that everyone is on their own path and figuring out what works based on their situation. Understanding this liberated me to make choices that made sense for me and not worry about whether I was on the same page as peers becasue it turns out we just have very different lives and comparing doesn't make sense.

But that also cuts the other way. Occasionally I come across people who are impressed with themselves for what they have even though they have major advantages most people don't have. I roll my eyes at these peopel who I think are often naive and lack context. There are people who believe "everyone" gets money from their parents for a house or that "everyone's" parents paid for their education or will pay for their kids education. These people are as insufferable (perhaps more so) than people who complain all the time about things being unfair imo.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Meritocracy is out and inheritance is in is the message from OP.

OP is just jealous and doesn’t seem to have a clue about how the world works.

I disagree.
She is answering the frequently asked question of “how are young people affording this crazy house prices.”

I moved here in the early 80s and young couples couldn't afford anything more than a townhouse a long commute away or a condo you'd never make money on close in. We all had to wait to move up in our jobs to save money for the down payment. Once we got on the property ladder we were able to move up.


What type of house are you talking about affording op? Clearly you get to skip living in a townhouse 1.5 hours in rush from your house because you are more special than the rest of us.