3 ms·

Yeah. What happened to passing the house in the family?

• MattGaiser 5y ago
  By the time you end up dying nowadays, your kids have long owned a home and potentially your grandkids as well.
  • LanceH 5y ago
    I've just been discussing this with my wife. We're thinking of just buying a bigger enough lot that we could build more than one house.
  • redisman 5y ago
    I’ve also seen many older people sell the old big house and use the proceeds to buy a conveniently located condo and use the rest as their retirement fund
  • ghaff 5y ago
    People are also often mobile and have different wants/needs in a house. There's a good chance that the family home isn't what they want need.
• bradlys 5y ago
  A privilege that few are offered. Most families have to sell the house before the parents die because the parents can’t even use the house anymore. Maybe it’s more common but it seems most parents die in a facility or some other special housing for end of life. They have to use that money they got from the house sale to pay for the end of life care. Basically, end of life care siphons off any chances of generational wealth unless exceptionally well off.