At the very least, you should trust the person you are sharing a home with. However, after two strangers move in together, their living arrangements can get complicated quickly, especially when financial hardship is part of the equation.
That’s exactly what happened to Reddit user Pleasant-Block8456. As the man explained on r/AITAH, the female tenant who came along with the house he inherited wasn’t willing to leave or share the property with him, suggesting the only option was for the new owner himself to find another place.
For a single mom, finding an affordable home can be a huge challenge
Image credits: dikushin / freepik (not the actual photo)
But that doesn’t mean they can just bully the owners
Image credits: zinkevych / freepik (not the actual photo)
Image credits: Pleasant-Block8456
As the man’s story went viral, he provided more details about what’s been going on
Millions of Millennials will soon have to face similar choices
Image credits: prostock-studio / freepik (not the actual photo)
With a projected $18.3 trillion in wealth to be transferred globally by 2030, the “great wealth transfer” is expected to be the largest intergenerational transfer of assets in history.
But as we just saw, this opportunity comes with its own set of burdens.
By the time we actually inherit a property from our parents, it’s often too late to figure out what to do with it. After all, we need to balance paying for its upkeep, a mortgage (if there is one), property taxes…
Without money set aside for these things, along with a clear game plan for what to do with the house, the situation can easily devolve into chaos. Unprepared inheritors may end up with their hands tied.
Because of this, it shouldn’t be a surprise that approximately 70% of wealthy families will lose their wealth by the second generation, and 90% will lose it by the third. Factors that contribute to these figures include:
- People are taught not to talk about money
- The prior generations worry that the next generation will become lazy and entitled
- Many have no clue about the value of money or how to handle it
Hopefully, the author of the post will find a solution.
Image credits: redchilii / freepik (not the actual photo)
Most of the people who read about what happened here believe the man should take matters into his own hands
But some support the woman
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