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Would you.

2

Comments

  • Closed Accounts Posts: 2,091 ✭✭✭dearg lady


    I would. For tax reasons, not because I like the bastards.

    What tax reasons?
    mariaalice wrote: »
    I know parents who are putting themselves under strain to pay for a master course for their son I don't agree with that, because he already has a degree and I know parents who are funding a third attempt at college for their son I don't agree with that either I am not a complete fool that thinks children should be carried through life, but if they didn't have to be worried about providing a house for themselves I think it would be great start in life.

    If I had a few spare quid (and children) I would be more likely to spend it on their education than a place for them to live


  • Registered Users, Registered Users 2 Posts: 14,930 ✭✭✭✭Kolido


    mariaalice wrote: »
    If you were well off but not a millionaire would you buy a house for you children?

    Its something I would love to do for my children if I had the money, however my first husband the father of my children and my second husband think this is nuts and that it is the equivalent of carrying them through life and that having to do it for yourself is good for you? I am not so sure about that.

    Do you mean buy one house between your children or a house each. If it is the former I don't see how it would work if they decide to branch out, could get messy when it comes to entitlement.


  • Registered Users, Registered Users 2 Posts: 37,941 ✭✭✭✭o1s1n
    Master of the Universe


    Yes, and I hope I would have brought them up well enough to appreciate it.

    I think this is the main point to keep in mind. If you buy your kids a house and they are ungrateful, entitled little ****s then the problems go far deeper than the house purchase...


  • Registered Users, Registered Users 2 Posts: 3,352 ✭✭✭naughtysmurf


    Yes, if I was very well off & had the money lying around & knew I would never need that say €200k in the future, otherwise no

    And if I did I'd be making it very clear that all the running cost associated with it were theirs & not mine


  • Closed Accounts Posts: 18,299 ✭✭✭✭The Backwards Man


    dearg lady wrote: »
    What tax reasons?



    Ha, I'm not falling for that one Collector-General. ;)

    Suffice to say I'd rather piss away money biulding a house than piss it away directly into government coffers.


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  • Registered Users, Registered Users 2 Posts: 22,475 ✭✭✭✭Knex*


    Ha, I'm not falling for that one Collector-General. ;)

    Suffice to say I'd rather piss away money biulding a house than piss it away directly into government coffers.

    Feck the children, have you heard about hookers and coke?


  • Closed Accounts Posts: 1,983 ✭✭✭Raminahobbin


    mariaalice wrote: »
    Because being a mother ( or maybe it just me ) I want to do every thing I can for my children to help them and to make life easier for them is that such a bad thing.

    Yes. That is a bad thing. You're actually damaging them long term by not allowing them to learn their own lessons and figure out how to look after themselves. They need to learn to stand on their own two feet minus the safety net of a mammy.

    I absolutely would not buy a house for any future kids I have, even if I did have the money. (obviously if I won the lotto or anything I'm not going to be stingy, but that's not what's being discussed here.)


  • Closed Accounts Posts: 13,925 ✭✭✭✭anncoates


    dearg lady wrote: »
    If I had a few spare quid (and children) I would be more likely to spend it on their education than a place for them to live

    I would think that if you had enough money to consider buying your kids a house outright, I doubt you'd be searching down the back of the couch for college fees.


  • Closed Accounts Posts: 18,299 ✭✭✭✭The Backwards Man


    Knex. wrote: »
    Feck the children, have you heard about hookers and coke?

    Are they tax deductible now?


  • Registered Users, Registered Users 2 Posts: 37,941 ✭✭✭✭o1s1n
    Master of the Universe


    Yes. That is a bad thing. You're actually damaging them long term by not allowing them to learn their own lessons and figure out how to look after themselves. They need to learn to stand on their own two feet minus the safety net of a mammy.

    I absolutely would not buy a house for any future kids I have, even if I did have the money. (obviously if I won the lotto or anything I'm not going to be stingy, but that's not what's being discussed here.)

    So again, as I said, if you bring up your kids properly, let them stand on their own two feet, get a job, pay their way - but THEN happen to be in a position to buy them a house - their character is already developed. How are you now damaging them?


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  • Closed Accounts Posts: 13,925 ✭✭✭✭anncoates


    Yes. I think that is a bad thing. In my opinion, You're actually damaging your kids long term by not allowing them to learn their own lessons and figure out how to look after themselves. They need to learn to stand on their own two feet minus the safety net of a mammy.

    Fixed.


  • Moderators, Category Moderators, Music Moderators, Politics Moderators, Society & Culture Moderators Posts: 22,424 CMod ✭✭✭✭Dravokivich


    mariaalice wrote: »
    Because being a mother ( or maybe it just me ) I want to do every thing I can for my children to help them and to make life easier for them is that such a bad thing.

    Not a bad thing, based on the ideals of it. But kids can't gain a sense of responsibility if everything is handed out to them.


  • Registered Users, Registered Users 2 Posts: 13,080 ✭✭✭✭Maximus Alexander


    Not a bad thing, based on the ideals of it. But kids can't gain a sense of responsibility if everything is handed out to them.

    Even if we accept that to be true, they won't need a sense of responsibility if everything is handed out to them.


  • Closed Accounts Posts: 13,925 ✭✭✭✭anncoates


    Not a bad thing, based on the ideals of it. But kids can't gain a sense of responsibility if everything is handed out to them.

    If your kids turn out to be ****, there's a little more involved than whether or not you forced them to take a Saturday job to buy their own Converse and Xbox.


  • Closed Accounts Posts: 5,987 ✭✭✭Legs.Eleven


    mariaalice wrote: »
    Because being a mother ( or maybe it just me ) I want to do every thing I can for my children to help them and to make life easier for them is that such a bad thing.






    Edit: Maybe I took up your post wrong and you weren't being defensive. Sorry!


    It's common for Spanish parents to give their kids a house if they have the cash. Lucky bastards. Perhaps I don't like the idea because I'm a bit envious.


  • Closed Accounts Posts: 4,950 ✭✭✭B0jangles


    Historically, house prices worked out about about 3-4 times the average family income; even after the collapse of the bubble, they are still working out at around 6-7 times the average annual income - if you parents are around retirement age then they would have entering into a much much cheaper housing market than people are nowadays.

    Also, parents presumably intend to leave their money to their children - if they can afford to do so, does it not make a lot more sense to effectively give them their inheritance when they really need it, when they are setting up a home, rather than hanging on to it until they are hopefully pretty much set up anyway?

    It'd make life an awful lot easier for them in the tough days at the beginning.


  • Registered Users, Registered Users 2 Posts: 6,274 ✭✭✭keeponhurling


    My Mum once said that if the kids are going to inherit the money anyways, why not give it to them while you're still around to see them enjoying it.

    I'm still waiting though.....

    On the other hand, my wife's Dad would gladly buy us a house tomorrow, he has the money too, but I'd feel a bit in his debt, I'd worry he'd have notions of moving into "our" house later on, so I'm not taking it.


  • Moderators, Category Moderators, Music Moderators, Politics Moderators, Society & Culture Moderators Posts: 22,424 CMod ✭✭✭✭Dravokivich


    anncoates wrote: »
    If your kids turn out to be ****, there's a little more involved than whether or not you forced them to take a Saturday job to buy their own Converse and Xbox.

    That's not what I said.


  • Closed Accounts Posts: 13,925 ✭✭✭✭anncoates


    That's not what I said.

    OK then.

    I think children can be taught how to be responsible, decent adults without all this Make Them Work 20 Hours a Week For Their Christmas Presents or Kick Them Out Of The House At 17 stuff with which these threads seem to get infested.


  • Moderators, Category Moderators, Music Moderators, Politics Moderators, Society & Culture Moderators Posts: 22,424 CMod ✭✭✭✭Dravokivich


    anncoates wrote: »
    OK then.

    I think children can be taught how to be responsible, decent adults without all this Make Them Work 20 Hours a Week For Their Christmas Presents or Kick Them Out Of The House At 17 stuff with which these threads seem to get infested.

    No one has said that either. It isn't a matter of one way or the other.


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  • Registered Users, Registered Users 2 Posts: 3,607 ✭✭✭stoneill


    Even if I had the money I certainly would not simply buy property for my kids.
    Where is the sense of value and work ethic? Being handed stuff that is not earned is a bit of an issue in Ireland, let's not add to it.


  • Closed Accounts Posts: 5,849 ✭✭✭professore


    Why not buy them a house and make them pay you back over several years - interest free? Have it done official with contracts etc - have the house in your name until it's paid for. That way you are teaching them a work ethic etc.

    Why have them give all that money to the bankers?


  • Registered Users, Registered Users 2 Posts: 2,046 ✭✭✭martinedwards


    My dad set us all on the way when we were buying our first houses, on the understanding that it was the will, ahead of time, where he would be able to see us benefitting when we really needed it, rather than after he was gone.

    this WAS before the housing boom though, when a 3 bed semi cost less than half of what a range rover cost......


  • Closed Accounts Posts: 108 ✭✭Compu Global Hyper Meganet


    "Give your children enough money to do something, but not enough to do nothing."

    - George Clooney, The Descendants (2011)


  • Posts: 12,694 ✭✭✭✭ [Deleted User]


    I think it is a hard one though, maybe it is to do how you were brought up yourself, my sister reckons she can tell the difference between those that she works with who had to work in crappy jobs to put themselves through university and those who had a more cosset time of it in university and the difference is those who worked in crappy jobs are generally grateful to have a well paid profession job and don't moan half as much about the job.

    Anything I do for my children I would want them to be grateful, not grateful to me but tankful in general they were helped and not to have an attitude of I am entitle to this and to be fair mine are great full for anything we do for them.


  • Closed Accounts Posts: 4,390 ✭✭✭clairefontaine


    Yes I would. No question.

    If its the sense of entitlement your worried about, make them do public or Christian service once they hit high school.


  • Closed Accounts Posts: 5,628 ✭✭✭Femme_Fatale


    Yes I would. No question.

    If its the sense of entitlement your worried about, make them do public or Christian service once they hit high school.
    It has been done in my family (not the full whack but a help towards it) and the sense of entitlement won't be a concern if one is raised not to be a spoilt ****.


  • Closed Accounts Posts: 412 ✭✭Rho b


    No I would not purchase a house or even a first car/insurance for my children.
    Financially I could stretch myself but have no intentions of ever doing so.
    As other posters have said before - one needs to appreciate the value of work versus income derived from same. TBH I was reared that way and I cannot fault my parents values.


  • Registered Users, Registered Users 2 Posts: 5,147 ✭✭✭PizzamanIRL


    No I hate them

    You hate yourself? Ah, don't.


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  • Closed Accounts Posts: 4,390 ✭✭✭clairefontaine


    It has been done in my family (not the full whack but a help towards it) and the sense of entitlement won't be a concern if one is raised not to be a spoilt ****.

    I have no problem with generous parents at all. Mine were not in a position to do these things, but no matter what you have or don't have, a sense of gratitude will no doubt always remind you to appreciate what you do have, and that I itself will make you happier.


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