MONEY MORAL DILEMMA. Should Terry and June charge their son rent?

lieselotte

Definitely, he should pay his way. When my son earns money in the holidays he pays his rent in his uni house, whereas in term time I pay. Everyone should contribute as they are able.

wildthing01

Ebenezer_Screwj wrote: »

If Terry and June are well off enough to own a property in London which is not their main residence, they should charge a nominal rent for the youngest son, who will presumably be earning a London salary.

what do you mean by 'a london salary'? there are plenty of people living in london who earn below the national average wage - nhs, education, working for the council, working in a shop - not everyone is a big city banker you know!!! he might be as poor as his elder two siblings were.

liberty1264

Tell him to go and find a home of the same standard, get a price for it and offer to charge him half, that seems fair to me and he will then know what the full market price is and he will probably realise what a bargain he is getting, you never know he may even appreciate the gesture on your part, but I doubt It

liberty1264

tallgirld wrote: »

Nahhh it wouldn't be fair to charge him rent. They didn't charge rent to the others. If they were my parents I wouldn't give them a penny.

I would say "Mum. Dad. You're taking the mick"!!

O how im glad my daughters did'nt grow up like you, mine grew up with respect for their parents.

zygurat789

To me the most important fact would be how much Preston earns. If the going commercial rate is 30% of income is allocated for rent then Preston should be charged 30% of what he earns subject to a cap of the going commercial rate.
If the students had had to pay a commercial rent then the parents would probably have had to pay, or at least contribute for this. It's part and parcel of educating your children, that's a parents job and what they're paying for is the picture with the mortar board and scroll.
Preston has denied his parents this pleasure but still wants the support, he's obviously the youngest one and needs to learn that in this life there's no such thing as a free lunch.
It is after all the parents asset and their money.

ses6jwg

I like the idea of charging him and then saving it as a gift for a deposit for a house... teaches him money saving skills AND rewards him as well for doing it.

A lot of parents take the "My parents never gave me anything so I'm not giving my kids anything" approach.

I hate that.

ohit

Yes he should pay rent.
It will teach him to stay in education for longer and increase his earnings potential (if he makes enough now anyway, paying the rent wouldn't even be a question to debate).

brokeinwales

I don't get why they let the brothers live there rent free, let alone the younger boy who can definetly afford to pay! Since when are students exempt from paying their keep?

If you're living somewhere, regardless of who the property is owned by, you should definetly pay for it. Helping out your kids in times of need is one thing, allowing them to take the mick is quite another...

brokeinwales

not a lot more than his student brothers did in grants

What? How long ago were they at uni? Didn't they stop grants in the early nineties??!!

Mudpie_2

If he can't see the situations are different then he needs to do the following:
-Give all his pay to his parents
- Stay in the flat for free.
- Then if his parents paid the older children an allowance /helped with bills, they should do the same with the youngest.

Sorry but life is not fair, sooner he learns the better. He can't have his cake and eat it.