“Every Boomer I know has HELPED their kids buy or rent a house. A lot of us write them checks on a semi-regular basis to keep them afloat.”
That’s been our experience, observing other boomer friends. (We don’t have kids, so can’t give a first-person perspective.) Our friends enable their loser kids every step of the way in many ways. Of course, there’s the money that they keep shelling out — even buying houses for them. My friend’s adult son is such a dork that she managed his life (checkbook, pays bills, pays insurance, etc.). Of course, he let her. When she died three years ago, his life changed a lot.
i don’t understand parents like this.
My kids support themselves.
a friend of the family, and in my family my aunt, spent hundreds of thousands of dollars to support her kids.
When she was 80 she was paying for both my cousins lives, and they were high 50’s in age.
one had a big paying job but still managed to lose his house, and his job. He never took another job, always waiting for the next “big” opportunity.
Other cousin stopped working around 25, and never left home.