"Shawn Hirn" wrote in message
...

My parents . . . want to essentially put down what
would contribute a large down payment toward of the cost of a house, put
it in my name, and we would share it. I would make the mortgage
payments. We would share utilities.
. . .
This deal works out in my parents' favor because . . .
My mom also desperately wants to move because she's tired of living in a
row house. My dad also thinks the neighborhood where they live now is on
the decline so they both want to move to a nicer neighborhood.
. . .
we would buy a house that's large enough to have my parents and I live
there, but in separate spaces (like an in-law suite).
. . .
The question I have, is sharing a house with my parents a good idea from
an emotional standpoint for the three of us?

Nothing in your long post suggests any emotional pitfall
ahead. (But separate apartments under the same physical
roof are not what we usually mean by "sharing a house.")
Since your dad's fin. adviser and lawyers approve, you might
endanger the proposal by seeking too much peripheral
advice e.g. from the relative who is a "clinical psychologist."
If the participants at ages 40 and 70+ do not know their
own minds already, no amount of psychological speculation
seems likely to be helpful. (My parents on retirement moved
into grandma's house. There was ample room and it suited
all participants.)

--
Don Phillipson
Carlsbad Springs
(Ottawa, Canada)