EPISODE · Nov 5, 2019 · 10 MIN
Should parents buy property for their children?
from IHERNG PODCAST · host Sean Tan
As the baby boomers and Gen X has truly experience the benefit of property investment, they are so cash rich now that they are doing in for their children as well. This results in unexpected outcomes where the children came to me complaining why their parents force them to lock down their income, on the other side creating ignorant and entitled teenagers. Then as a child, what's your take on taking money from your parent's EPF account to invest in your 2nd or 3rd property? My concerns would be to invest using your parent's nest egg, which is the only last resort left that they built their entire life. And you're using that just because you 'think' that this project can increase in price. Hmm... As always, let me know what you think by emailing to [email protected]
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Should parents buy property for their children?
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