Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Off Topic
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 13 years ago,

User Stats

422
Posts
149
Votes
Rusty Thompson
  • Real Estate Investor
  • Salem, OR
149
Votes |
422
Posts

Economic Outpatient Care on the rise

Rusty Thompson
  • Real Estate Investor
  • Salem, OR
Posted

One of the most influential books I have ever read is "The Millionaire Next Door" If you have not read it then give it a go. It is great...

For those that have not read it, one term is Economic Outpatient Care (EOC). Its were parents supplement the incomes of there adult children. At the time of writing, the ratio was 1 in 7 adults receive some sort of economic subsidies (if Im remembering that ratio correctly.

Well it looks like according to recent studies its now right around 48%. That is shocking to me, as my family would never give me money (since they have none), nor would I expect them to.

Here is the article if anyone wants to read
http://money.msn.com/retirement-plan/article.aspx?post=f9a1e3f2-e033-4233-9703-3b9c237fcb0b>1=33042