White Millennials are about to start inheriting a lot of money…

[The Fade]

My grandfather had his shyt set up properly, and my parents did too.

 

[mson]

I got 4 properties incoming... one in NY, one in Sarasota, a vacation home in the DR & a mansion in Haiti.

I cant imagine my parents being dead though.

I'm gonna be crying while counting up the check.

What part of Haiti?

 

[cheek100]

Do not let your parents take reverse mortgages no matter how bad their money situation gets!

tbf it’s not like they ask us if it’s a good idea. Most of the time u find out right when it’s too late. My family is notorious for this: the husbands die first, the widow blows thru the equity, then become bitter old women, take out reverse mortgage to finance long term care/funeral expenses. We’ve lost houses in major cities and land in the south. Generational wealth GONE.
It’ll make ya hotter than fish grease.

 

[RichYung]

Yes, of course. But they're not passing down 100k homes anymore, it's 300-500k+ damn near everywhere now. That's what makes this a little more unique and the point of the thread. It's relevant because most of us are fit in the black millennial category so these are our counterparts in the rat race.

Oh absolutely bro

 

[African Peasant]

This thread took a weird turn.

 

[Henri Christophe]

What part of Haiti?

Petionville

 

[mastermind]

tbf breh a lot of blacks were in line to get the same thing but either them or they parents sold the home for some quick cash thinking they could buy another home lol

Or the 2008 financial crisis happened and people lost their homes. Black people lost a large chunk of collective wealth when that happened and President Obama sided with banks and allowed it to get worse.

 

[CHICAGO]

tbf breh a lot of blacks were in line to get the same thing but either them or they parents sold the home for some quick cash thinking they could buy another home lol

WHAT IS "A LOT OF BLACKS"? "lol"



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[AyBrehHam Linkin]

…from their parent’s homes.

The transfer of wealth to our white millennial counterparts is on the horizon as their parents fade into retirement/grave...right as real estate booms. White lady at my job who can barely put together a coherent sentence in an email just inherited her mother's home. It was worth 400k 5 years ago, she just got it appraised at 800k. I swear this is the silent killer of our people.

Cac lady at my job told me damn near the exact thing about her home, got at 250k...about to sell at 800k. Ridic.

 

[1thouwow]

nikkas rather rent and complain about landlords though

 

[Prynce]

WHAT IS "A LOT OF BLACKS"? "lol"



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nikka stop it

 

[Ohene]

Yup

my dad was taking equity out my parents house to use the funds to build a mansion in ghana in a city far from accra that nobody will care to go to when he dies

it’s a damn shame

 

[CHICAGO]

nikka stop it

NAH YOU STOP IT bytch nikka



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[Ohene]

tbf it’s not like they ask us if it’s a good idea. Most of the time u find out right when it’s too late. My family is notorious for this: the husbands die first, the widow blows thru the equity, then become bitter old women, take out reverse mortgage to finance long term care/funeral expenses. We’ve lost houses in major cities and land in the south. Generational wealth GONE.
It’ll make ya hotter than fish grease.

shyt really sucks
More to life than money i guess

 

[Prynce]

NAH YOU STOP IT bytch nikka



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I aint one of these other posters my boy

gone some where and fukk with one of them lames. U being a mod dont mean nothing to me