Exactly. I don’t really understand this post or what it’s trying to say. My parents worked hard, and then when they retire they should get to enjoy it, isn’t that the point?
My mom is almost 60 now and she is finally trying to sell the house. My brother and I grew up in it, but it’s way too big for her alone. I told her she should sell it and find some small apartment to rent somewhere, so she doesn’t have to fix/pay everything herself anymore.
The issue is that the way the economy is going, young people who don’t inherit a starter home or at least a down payment from their parents, will never become homeowners. It’s not quite bad yet, it’ll get much worse than it is now.
If you’re not willing to leave your home as an inheritance, don’t have children.
And people who don’t even own a home, shouldn’t have kids at all? I guess that would solve some problems…
But really, being willing to leave your home is not the only consideration. I finally got my mom convinced that she should sell her home, because she can barely get up the stairs anymore due to health issues. Am I supposed to force her to keep living there so I can get her money? Do you realize how fucked up that is? No. Absolutely not. She worked her entire life and she should be able to enjoy her retirement, and make it as easy as possible for herself, without having to worry about all the shit that comes with owning a home, and definitely without me complaining about how unfair it is that she won’t just die and leave me all her crap.
Unfortunately yes, those people shouldn’t have kids. Or rather, if they had any conscience, they wouldn’t be bringing serfs into this world.
You were probably also born early enough that you can still buy property with a loan. But we’re one or two proper crises away from that ever being an option for the younger folks.
And the system is designed for that. Expensive assisted living facilities are there so you’d have to sell your home so you can be sucked dry before death. Not just a US thing either. It’s the same in my country.
When plebs leave their property to their offspring, they’ll start accumulating generational wealth and we’re not supposed to have that.
Like I said, don’t like it, don’t have children. Not unless something significantly changes economically. I for sure wasn’t planning to have my kid without having a solid financial footing, but my ex of course lied about being on the pill since she saw how much I was earning and saw it as a way to get out of having to work herself. At least I do have my family home, built by my grandparents, that my kid will one day inherit. But of course I don’t want to die too early so I’m also trying to put together enough money for a 20-30% down payment for an apartment in 20 years or so. To kickstart the equity building process. Shouldn’t be too hard normally to do over such a long period, but my ex put me nearly six figures in debt so it’ll take me a bit lol
Look, we’re never going to agree about this, I think. Sure there are a lot of problems for young people nowadays, but maybe we can find some actual solutions? Maybe, I don’t know, vote in people who actually make life more affordable? Maybe trying to pass some laws that make it easier for people to survive. Maybe make healthcare more affordable, education more accessible, build some sort of safety nets for people, a living wage, whatever; make life better for people so they don’t have to wait until their parents finally die to make something of their own lives. Actual systemic changes in stead of just making it more bearable for some people.
But imo we shouldn’t go and try to create a world wherein parents are no longer humans but only inheritance dispensers who can’t live their own lives.
In case you were wondering, no I don’t have or want kids, and no, it has nothing to do with money.
But I’m thinking that you are American, right? Because I have never even wanted to own my own home. It has never been a requirement to live comfortably. It’s not needed as an ‘insurance’ or investment. And I have never seen my parents as some bag of money I get to spend when they finally decide to die. It’s disturbing to me that many people apparently think that’s normal? I mean, don’t you love your parents and want to see them happy? I don’t get it. My parents were very young when I was born. By the time they die, I’ll be like 60 or (hopefully) even older. I can’t imagine waiting my entire life for them to die, just because I want their money. How fucked up is that?
Difference in priorities. My partner’s mom worked her ass off to make a comfortable life for herself but she’d rather spend her resources improving our lives while she can appreciate the impact. It makes her happy to see her family doing well so the money gets spent on education and home improvements and trips together. (She calls it a pre-inheritance.)
Sure, there is nothing wrong with that at all. All parents want to make sure their kids live better lives than they did, right? My parents also worked hard and paid for all that, my mom still helps my brother with things sometimes, helps pay for stuff when needed, but the OP makes it sound like those parents did something wrong by selling their house, and that actually they were supposed to keep it, against their will, so their kid could get the money? I think that’s complete bullshit. It’s their house, they get to do with it what they want. OP should be happy that their parents have such a house to sell in the first place, because there are a lot of people who don’t even have that.
I think there’s something morally wrong with choosing not to contribute to your family or community past your own life but that is assuming your descendants are worth a damn. “A society grows great when old men plants trees” and all that.
Nuh uh!!! The kids i raised better be ready to lift themselves up by their bootstraps. If they can’t–misery and poverty for the rest of their lives! Mwa ha ha ha!
Seriously though–it really bothers me when i see people saying stuff like “i raised you, i don’t owe you shit”… If you bring someone into this world–you better be ready to take care of em. Even if it means for their entire life! You don’t know what they’ll be like or what needs they may have, so be ready for anything. Hopefully they’ll be able to make a living for themselves but it’s getting harder and harder in this day and age.
Sure, but there’s a very large area between not contributing at all and not being allowed to sell your own home. Parents can contribute in plenty of ways without being forced to keep living in a house because their kids care more about an inheritance than their parent’s wishes/well-being.
That’s what they’re supposed to do… I’ve already told my parents to get spending. They can’t take it with them.
Exactly. I don’t really understand this post or what it’s trying to say. My parents worked hard, and then when they retire they should get to enjoy it, isn’t that the point?
My mom is almost 60 now and she is finally trying to sell the house. My brother and I grew up in it, but it’s way too big for her alone. I told her she should sell it and find some small apartment to rent somewhere, so she doesn’t have to fix/pay everything herself anymore.
The issue is that the way the economy is going, young people who don’t inherit a starter home or at least a down payment from their parents, will never become homeowners. It’s not quite bad yet, it’ll get much worse than it is now.
If you’re not willing to leave your home as an inheritance, don’t have children.
And people who don’t even own a home, shouldn’t have kids at all? I guess that would solve some problems…
But really, being willing to leave your home is not the only consideration. I finally got my mom convinced that she should sell her home, because she can barely get up the stairs anymore due to health issues. Am I supposed to force her to keep living there so I can get her money? Do you realize how fucked up that is? No. Absolutely not. She worked her entire life and she should be able to enjoy her retirement, and make it as easy as possible for herself, without having to worry about all the shit that comes with owning a home, and definitely without me complaining about how unfair it is that she won’t just die and leave me all her crap.
Unfortunately yes, those people shouldn’t have kids. Or rather, if they had any conscience, they wouldn’t be bringing serfs into this world.
You were probably also born early enough that you can still buy property with a loan. But we’re one or two proper crises away from that ever being an option for the younger folks.
And the system is designed for that. Expensive assisted living facilities are there so you’d have to sell your home so you can be sucked dry before death. Not just a US thing either. It’s the same in my country.
When plebs leave their property to their offspring, they’ll start accumulating generational wealth and we’re not supposed to have that.
Like I said, don’t like it, don’t have children. Not unless something significantly changes economically. I for sure wasn’t planning to have my kid without having a solid financial footing, but my ex of course lied about being on the pill since she saw how much I was earning and saw it as a way to get out of having to work herself. At least I do have my family home, built by my grandparents, that my kid will one day inherit. But of course I don’t want to die too early so I’m also trying to put together enough money for a 20-30% down payment for an apartment in 20 years or so. To kickstart the equity building process. Shouldn’t be too hard normally to do over such a long period, but my ex put me nearly six figures in debt so it’ll take me a bit lol
Look, we’re never going to agree about this, I think. Sure there are a lot of problems for young people nowadays, but maybe we can find some actual solutions? Maybe, I don’t know, vote in people who actually make life more affordable? Maybe trying to pass some laws that make it easier for people to survive. Maybe make healthcare more affordable, education more accessible, build some sort of safety nets for people, a living wage, whatever; make life better for people so they don’t have to wait until their parents finally die to make something of their own lives. Actual systemic changes in stead of just making it more bearable for some people.
But imo we shouldn’t go and try to create a world wherein parents are no longer humans but only inheritance dispensers who can’t live their own lives.
In case you were wondering, no I don’t have or want kids, and no, it has nothing to do with money.
But I’m thinking that you are American, right? Because I have never even wanted to own my own home. It has never been a requirement to live comfortably. It’s not needed as an ‘insurance’ or investment. And I have never seen my parents as some bag of money I get to spend when they finally decide to die. It’s disturbing to me that many people apparently think that’s normal? I mean, don’t you love your parents and want to see them happy? I don’t get it. My parents were very young when I was born. By the time they die, I’ll be like 60 or (hopefully) even older. I can’t imagine waiting my entire life for them to die, just because I want their money. How fucked up is that?
Difference in priorities. My partner’s mom worked her ass off to make a comfortable life for herself but she’d rather spend her resources improving our lives while she can appreciate the impact. It makes her happy to see her family doing well so the money gets spent on education and home improvements and trips together. (She calls it a pre-inheritance.)
Sure, there is nothing wrong with that at all. All parents want to make sure their kids live better lives than they did, right? My parents also worked hard and paid for all that, my mom still helps my brother with things sometimes, helps pay for stuff when needed, but the OP makes it sound like those parents did something wrong by selling their house, and that actually they were supposed to keep it, against their will, so their kid could get the money? I think that’s complete bullshit. It’s their house, they get to do with it what they want. OP should be happy that their parents have such a house to sell in the first place, because there are a lot of people who don’t even have that.
I think there’s something morally wrong with choosing not to contribute to your family or community past your own life but that is assuming your descendants are worth a damn. “A society grows great when old men plants trees” and all that.
Nuh uh!!! The kids i raised better be ready to lift themselves up by their bootstraps. If they can’t–misery and poverty for the rest of their lives! Mwa ha ha ha!
Seriously though–it really bothers me when i see people saying stuff like “i raised you, i don’t owe you shit”… If you bring someone into this world–you better be ready to take care of em. Even if it means for their entire life! You don’t know what they’ll be like or what needs they may have, so be ready for anything. Hopefully they’ll be able to make a living for themselves but it’s getting harder and harder in this day and age.
Sure, but there’s a very large area between not contributing at all and not being allowed to sell your own home. Parents can contribute in plenty of ways without being forced to keep living in a house because their kids care more about an inheritance than their parent’s wishes/well-being.