Quote:
Originally Posted by Great68
So wait, if parents want to downsize and then gift a portion of that to their kids rather than sitting on it until they die so that kids get it as an inheritance, that's somehow bad?
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I don't think anyone is saying that to any extent. I do think that people having their parents leverage their homes in a volatile market and economy to use credit to gift a massive down payment for a grossly extravagant first home however, is quite ridiculous.