|
|
 The One
Posts: 7998
    
Location: South Georgia | Apparently my parents missed that memo 18 years ago! I had my first home built (on my own) at age 19. I do, however, know someone who pays their child's mortgage due to circumstances (her son and his wife have 5 small children and she needs to stay at home with them, so their mother pays the mortgage to help out). |
|
| |
|
Go Get Em!
Posts: 13503
Location: OH. IO | We gave my daughter and her family 14 acres,they gave it back and bought their own place :))) |
|
| |
|
 Expert
Posts: 2128
|
That was nice of you! I'll take it!! haha |
|
| |
|
I Really Love Jeans
Posts: 3173
Location: North Dakota | It doesn’t make sense to waste money on renting a house for your “college student “ child. Purchasing a small home and paying towards something of value that will always hold value is a better investment. It is a great way to save money in a way because you are putting your money into your own property instead of someone’s bank account! Dorm rent is as expensive as purchasing a home these days! They could always get a roommate to help with the utilities and help pay the mortgage essentially! |
|
| |
|
Miracle in the Making
Posts: 4013
| i bought my son and daughter in law but they pay me pay me back every month.as i am sort of retired and permantly disabled this help my finaces |
|
| |
|
 No Tune in a Bucket
Posts: 2935
Location: Texas | With today's property values, I don't know how young people can afford to buy a house anymore. I guess it would be great if you can afford to help your kids. I wouldn't mind them living close but most of our property is flood plain so giving them a couple of acres to build on isn't really an option. They each have their own homes, just not any acreage. The kids will have to wait until we croak to get ours. lol
Edited by RocketPilot 2019-08-30 8:21 PM
|
|
| |
|
 Take a Picture
Posts: 12841
| I paid most of my college expenses as I went. I have bought my own horses and equipment, property and home. I have friends who have had parents buy them homes, get them started in business and for the most part they appreciate what their parents have done for them. Personally, I am happy for them. I think without exception, the ones whose parents have helped them out are very hard working people. |
|
| |
|
 My Heart Be Happy
Posts: 9159
Location: Arkansas | streakysox - 2019-08-30 3:20 PM
I paid most of my college expenses as I went. I have bought my own horses and equipment, property and home. I have friends who have had parents buy them homes, get them started in business and for the most part they appreciate what their parents have done for them. Personally, I am happy for them. I think without exception, the ones whose parents have helped them out are very hard working people.
Thank you so much for saying this. Rubs me way way wrong when some people assume they know what ALL of today's young people are like. . . . |
|
| |
Folks on-line