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I don't agree. That $50K was a figure given to me for one of my son's friends and it is entirely up to his parents what they do. It has no bearing on how this chap will turn out and means he can go to uni. Sure, he could work enough hours to pay rent, buy a car (or not) and feed himself. Plenty...

LOL. Gee that has really upset me :rolleyes:. And I always thought so much of you and your opinions :D.

Don't think we are judging you or your son. Just trying to see why you would sell a block that you obviously love to help him, when he can find something himself. I imagine it comes down to you subsidizing his rent or part of it against getting some growth and income from a place you buy. I know...

I also cannot understand why you must give up your dream block to buy a place for your son and his friends? Different thing if this idea is part of your plan, but uni students manage somehow, every year, to find somewhere to rent or share. The costs of selling your dream block and buying an IP...