My parents actually offered to help but are so out of touch they thought $10k would be enough for a down payment. I'm just like "you guys sold your house for over $1M, you know that's not enough for anything where we live".
Kinda shitty tbh, I think it's imperative to build wealth generationally and imo that means parents should make it easier to get their kids settled by living in a more condensed area. And should move to help their kids with that
parents should make it easier to get their kids settled by living in a more condensed area
I would love that, but my home city of Houston hates dense development. And my mom is too old and stubborn to leave the enormous suburban McMansion that's falling down around her ears.
She could be living down the street from me in a large, comfortable, well furnished, elderly community. But she won't, because she won't.
Can confirm. I'd have been stuck renting for at least another 3-4 years without help from parents.
I'm stuck renting for another 20-30 because mine are broke or dead
Same, except my parents can afford to but choose not to for individualism reasons (we don't talk much).
My parents actually offered to help but are so out of touch they thought $10k would be enough for a down payment. I'm just like "you guys sold your house for over $1M, you know that's not enough for anything where we live".
How much could a banana cost, indeed
Kinda shitty tbh, I think it's imperative to build wealth generationally and imo that means parents should make it easier to get their kids settled by living in a more condensed area. And should move to help their kids with that
I would love that, but my home city of Houston hates dense development. And my mom is too old and stubborn to leave the enormous suburban McMansion that's falling down around her ears.
She could be living down the street from me in a large, comfortable, well furnished, elderly community. But she won't, because she won't.