Anonymous wrote:Anonymous wrote:I'd rather help my dc with their rent or whatever than have them move back in.
Nope. It is wasting your DC’s money and your money. I would let my DC save their money, and I would save mine too. I see no value in paying rent to someone else.
I also dislike the idea of making kids pay rent to parents and then the parents presenting that money when kids move out. I find that insulting to the kids maturity. My children are more than able to save their money and invest it. They don’t have to give their rent to me for safekeeping.
Anonymous wrote:I'd rather help my dc with their rent or whatever than have them move back in.
Anonymous wrote:Anonymous wrote:We are in very high COL city (not DMV)
Thoughts?
Well, depends on the individual kid. If he is a good team player who pitches in, cares about others and would work hard to become independent, it may work. If he is lazy, moody and rude, not a good idea. Imho, its rarely a good idea to let other adults move in with you, even if they are your own kids. If he was sick or injured etc, that would be different but not worth to risk your relationship just to save some money. He can share an apartment with roommates. You can buy him an apartment and let him live rent free until he is able to pay rent.
Anonymous wrote:Anonymous wrote:I have told my kids that they are allowed to stay with us rent-free (and board free) until they are 35. After that, we will have some room-mate kind of division of labor and cost sharing.
This also holds true for married children.
35????
NFW
Anonymous wrote:Anonymous wrote:I would be pissed at my Adult Children if they don't save their money and not stay with us, if they are working close by. If they get a job in another city, well, then they need to make it work. We will help in all ways.
When my DD wanted to get married, I made sure that she stayed with us for two years and save money. I did not want her to get married without a good nest egg accumulated. If you have two years of salary saved - you have options in life.
I'd be pissed at my adult parent for living in a big house after I moved out, instead of downsizing.