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From a parent's point of view, there are all kinds of advantages to you if you charge rent; tax deductions for business expenses, etc.
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Get off my lawn!
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When I moved out long long ago I moved 900 miles from my parents home and into a $90 per month furnished apartment and it was a POS. Only the bedroom had ANY air conditioning and it was 105 that day I hauled everything I owned up 13 steps into the garage apartment. Within a few years I had saved enough to buy a cheap house with a cheap low interest rate of 12.5%.
Mortgages are so cheap now days. I never spent a night at my parents house again. They moved up to Oklahoma City and just a few miles from my house. I loved them dearly and miss them a lot.
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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It would be my parents dream to have all of us move back in and they would never accept any payment. Every family is different.
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Puny Bird
Join Date: Nov 2002
Location: Port Hope (near Toronto) On, Canada
Posts: 4,566
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My doctor and his wife (a x-ray tech) lives with his parents. They're early 30's, just had a baby, free daycare. They could easily afford to live on their own but they chose not to.
I know a whole bunch of families that live like this, mostly other than white cultures, highly educated, very strong family bonds.
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'74 Porsche 914, 3.0/6 '72 Porsche 914, 1.7, wife's summer DD '67 Bug, 2600cc T4,'67 Bus, 2.0 T1 Not putting miles on your car is like not having sex with your girlfriend, so she'll be more desirable to her next boyfriend. |
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least common denominator
Join Date: Aug 2001
Location: San Pedro,CA
Posts: 22,506
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I moved into my brothers garage!
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Gary Fisher 29er 2019 Kia Stinger 2.0t gone ![]() 1995 Miata Sold 1984 944 Sold ![]() I am not lost for I know where I am, however where I am is lost. - Winnie the poo. |
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Get off my lawn!
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I never watched a single episode of the TV show Dallas. I always laughed at the concept of all of those rich and powerful people living in one house.
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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In the thread http://forums.pelicanparts.com/off-topic-discussions/872370-greeks-lining-up-atms.html many acknowledge that the paradigm has shifted. I would expect to see more extended families as the burdens of elder care and child care become more onerous and more realize that the state has or will fail them.
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"The primary contribution of government to this world is to elicit, entrench, enable, and finally to codify the most destructive aspects of the human personality." Jeffrey Tucker |
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Join Date: Sep 2001
Location: Dismal Nitch, AZ
Posts: 9,042
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You might re-think that one...and it's not only sourced in alcoholism. Something as slight as indifference can create a psychological imbalance in children. Then they grow up under the influence of arrested emotional development... and become Liberals. ![]() . Adult Children of Alcoholics Characteristics & Personality
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Don . "Fully integrated people, in their transparency, tend to not be subject to mechanisms of defense, disguise, deceit, and fraudulence." - - Don R. 1994, an excerpt from My Ass From a Hole in the Ground - A Comparative View |
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Two children ,educated them never charge them rent at home. put the down payment on two houses moved them both out ,wife and I are happy now
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Like most things in life, the answer is, "it depends..."
Right now my son is living at home rent-free. But he just graduated HS, starts college in the fall (and he'll live on-campus), and is working. He doesn't go out at night, doesn't smoke/drink, and he buys groceries. If I were to fast-forward a couple of years, I could see him living with us rent free under a small set of circumstances. But unless bad things happen, that shouldn't be the scenario. Either way, no way that he'd be living rent-free with us and partying/staying out/etc. The rules are clear. The problem is not letting "adult children" live rent-free, it is lack of boundaries and enforcement. |
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My kids know--and have always known (gotta start teaching them young)--that at 18, they have 3 options:
1. Go to college locally; you're free to stay in the family home rent-free (as long as you're actually progressing in school; not making college your career). 2. Go away to college (or military), and you're on your own--a young bird flying free for the first time. You're always welcome to come back and visit (and even crash once you're done with school and/or military), but for long-term see rule #3. 3. Not going to school? Get a job and pay me rent. In my book, there are no such thing as adult children. Once you're an adult, you're no longer a child, and no longer my responsibility. I have spent the last 18 years teaching you how to be successful in life; now it's your turn to put those lessons into action.
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Guy '87 944 (first porsche/project car) |
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Now that he's going to college to make games...so games will be his homework...well, I got nothing.
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Guy '87 944 (first porsche/project car) |
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Banned
Join Date: Jul 2011
Location: St Paul MN
Posts: 19,420
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After my 1st year away at college I was certain living back home more than 2 months in summer was not for me. After college I chose to be a night watchman rent free on a construction site and lived in a dinky trailer while I sacked away a downpayment for my 1st house.
My kids are always welcome to come home with conditions: 1. My house, my rules. 2. Full time school or rent is due on the 1st. 3. No school or job? Great! You can work for me... We start at 6:30 AM sharp. One of my kids lived back home while completing her masters in education. This cut her student loan burden in 1/2. She may come and live here briefly again soon. She just sold her house with a short escrow and has 2 months before getting into her new place. Her next home has an ocean view so we may reciprocate. ![]() Circumstances matter. If they move home to wallow in self pity and self destructiveness, we don't do them any favors.
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2021 Cayman GTS 4.0L 2020 Macan (dog hauler) |
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usc interactive media & games | Home |
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Join Date: Jun 2008
Location: Ontario, Canada
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24 y/o, living at home! Along with 95% of my entire social circle. Friends, family, aquiantances. Nobody pays rent.
Guess we'll all be a rotten bunch! You guys are grouchy lol |
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My daughters are young, 6 and 3... I don't have an answer to this yet, but I believe my wife and I both can tell the difference between "helping" and "freeloading." I hope this much is true in 15-20 years.
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Does anyone know where the love of god goes when the waves turn the minutes to hours? |
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What?!?!
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The term adult "children" was probably meant to mean adult "offspring".
But many times it does mean "children". Quote:
That said, I'd let his kids live in my home rent free. I'd hope some of their awesomeness rubbed off! Quote:
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running shoes, couple tools, fishing pole 1996 Subaru Legacy Outback AWD, 5speed 2002 Subaru Impreza WRX, 5speed 2014 Tundra SR5, 4x4 1964 Land Rover SII A 109 - sold this albatross |
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Flexibility may be called for (especially military.) I have a couple of friends with some serious problems after spending 2000-2007 in the military. They needed a safe place to land for a while as they dealt with the magnitude of their chosen profession. Without getting melodramatic, lets say that they get as far from the festivities as they can. All that aside, gacook has the rules I think we'll abide by!
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Does anyone know where the love of god goes when the waves turn the minutes to hours? |
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