In the agreement, there were four homes in her daughter’s rental portfolio that were named as collateral.
Whole family is a lost cause. Sue each other, who fucking cares. Petite bourgeois on petite bourgeois violence
Imagine not only getting the legal system involved in a family dispute, but getting so mad about it that the media is involved. These people are deeply, deeply diseased
insanely evil bloodline. Mao is turning in his grave at the mention that these ghouls are breathing
Leaving aside the total amorality of this, these people have absolutely no grounds to sue. They bought a house and the value went down. That’s how the cookie crumbles sometimes
rarely… but you love to see it
They feel entitled to profit. 1000% sure they preach all day and night about how they should be rewarded for taking risks but the second the risk doesn’t pay off, they’ve been personally wronged
did someone get addicted to rising property values?
link to archived version the article, for anyone else interested.
tl;dr these people wrote up a shitty “family” contract and are now realizing there maybe should have been clauses around what happens if the property value changes before the title/deed is signed over.
as a credit to the author, part of his response included counter-asking the couple if they would feel obligated to pay their daughter an extra $100k had the home’s value increased before the deed was signed over.
oh, also, this appears to have been one of several rental properties the daughter owned, but she spread herself too thin to afford this one, so nobody in this scenario is really the “good guy”.
The good guy is obviously
35·21 days agoThe good girl is obviously the girl reading this
“We are 71 and 67 and can’t afford this kind of loss in retirement”
Then fucking die already…
Imagine being able to retire
Right? I guess I should be thankful I work an email job. Instead of backbreaking labor til I die, it’s soul crushing corporate ass kissing.
They dropped nearly half a million to pay off their child’s mortgage. My mom has always been supportive but she would never do that. I’m an adult that got into a mortgage. Unless that was everything they had they will probably be fine.
My mom would laugh and hang the phone up if I asked for something like that.
Also I highly doubt she would have that kind of money anyway.
I mean that was in exchange for getting the house no? Like they did that because they wanted the house, doesn’t seem to be a support thing but they wanted something nice for their investment portfolio and fucked up.
See THIS is ridiculous rich people shit
In the agreement, there were four homes in her daughter’s rental portfolio that were named as collateral.
fuck all these people.
House value going down that significantly is the best news I’ve read in a while!
me when I hear house values are going down
me when I find out why the house values are going down
Hey chat, should we atomize and financialize every aspect of society including relations between members of the nuclear family?
Suing your own child because you made a poor investment is some next level boomer shit. They seem like the kind of parents who view having children as transactional “we did so much for you growing up, you owe us”
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The entitlement of property owners is honestly unmatched. You aren’t owed a return on investment, literally every year you make it. The fuck. I have never seen another group of investors that acts like spoiled children quite the same way.
all three of them should be shot
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“We just lost a bunch of money on a bad investment. Should we lose even more money trying to sue?”
