The Market

New Yorkers really, really hate it when parents buy apartments for their kids

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By Teri Karush Rogers  |
June 20, 2011 - 11:43AM

This weekend's NY Times story on parents who buy NYC apartments for their grown children has unleashed such resentment among the 219 commenting readers so far that we can only hope none of the apartment-gifted kids in the article are applying for a job anytime soon. 

"I cannot help but find the reality of someone my age or younger who has not worked as hard, who has probably never tasted the bitterness of a hard life or struggle or survival insecurity, who has probably less individual drive and intelligence and charisma, 'gifted' a Manhattan apartment rent-free from their wealthy and coddling parents and then sneer down on the rest of people like me who cannot yet afford to buy anything in Manhattan as simply and utterly UNFAIR, hurtful, disgusting, and blood-boiling," says a 30-something renter whose comment has been voted up by more than 300 other like-minded readers.

"I realise that parents have every right to support their children as they see fit," she continues, "and though my nature is not to be jealous or angry, this is the kind of stuff that creates resentment and bitter disillusionment in the American idea of supposed fairness and equality. I view these coddled children as pampered and ungrateful, and from my rough life experience, there is nothing that can convince me otherwise."

The apartment-gifting story comes less than a month after a NY Times piece about roommates sparked a similar furor among readers. The real story, complained those who commented, isn't how to get along with a roommate--it's the fact that because rents are so out of whack with salaries, many New Yorkers in their 30s, 40s and beyond still have roommates at all.   


Related posts:

Has New York City become Roommate City?


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Teri Karush Rogers

Founder & Publisher

Founder and publisher Teri Karush Rogers launched Brick Underground in 2009. As a freelance journalist, she had previously covered New York City real estate for The New York Times. Teri has been featured as an expert on New York City residential real estate by The New York Times, New York Daily News, amNew York, NBC Nightly News, The Real Deal, Business Insider, the Huffington Post, and NY1 News, among others. Teri earned a BA in journalism and a law degree from New York University.

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