How many people in your social group had family support in buying a house?

[Anonymous]

Anonymous wrote:I don’t know anyone who has admitted it freely, but I know a lot of people whose incomes and lifestyles do not align with their jobs.

To a point.

My husband (works for a municipality) and I (teacher) have a lifestyle that doesn't align with our jobs but that's because we did the hard work back in our 20s by building our sideline (buying houses, rehabbing them and then renting them out) while we worked full time. Our sideline now pays for 100% of our lifestyle and while our real jobs pay for a pittance. Most people don't even realize we have the sideline because we don't talk about it.

But, yeah, I get where you're coming from. We have friends whose parents have literally bought them $+1M homes back 20 or 30 years ago when $1+M was a lot for a house, not entry level.

Oh, well. C'est la vie. You can drink the lemonade or you can keep screaming about all the freaking lemons. Your choice.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I don’t know anyone who has admitted it freely, but I know a lot of people whose incomes and lifestyles do not align with their jobs.

+1, there is always that moment of confusion when you see someone’s home or they talk about a vacation they just took and your brain tries to square their jobs with it. Family money is always the answer, but it’s still surprising somehow.

I’m my 20s and even into my 30s, I also had a mistaken idea of how much journalists and people at non-profits made because they had such nice lifestyles. It took me an embarrassingly long time to understand a lot of people I knew in these fields weren’t trying to live off their salaries at all. Trusts, homes fully funded by family (sometimes even owned by family), vacations paid for by family or at family-owned properties, lots of gifts in the form of clothes and furniture. They might be spending their own money on food and entertainment, maybe some bills, but that’s it. And I’d stupidly have conversations about money with these people (student loans, cost of housing, wanting to do something expensive and feeling like I needed to wait). I had no idea.

26 and felt the bolded so hard. I came to this realization by age 24 and immediately stopped.

I look back at embarrassment when I think about those moments. I'm happy I nipped it in the bud at an early age because I've met older women in their 40s telling me they had to dip into their 401ks because they needed the money. I dont want to be that person ... lol

However, with age comes wisdom. Now I know.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I have no idea because this is not something that would be talked about.

Same. I not only have no idea, but I also have no interest in the information.

I admire people's houses, ooh and ahh where appropriate and enjoy people's company. Everyone has a different story. We have a pretty good house, and we know many that have bigger and nicer houses, but even more than have smaller or less expensive houses (we probably around the 70-80th percentile in house size/worth in our circle). I care about the people more than I care about the house or the source of the money for their houses.

Oh wow a reasonable, down to earth person discussing money and social status on DCUM. Is this even real or is this a troll post?

[Anonymous]

Why is this even a topic? I think a lot of people would be happier if they just learned to mind their own business. Genuinely believe that with all my heart.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:None. Those aren't our people. We have purchased and sold seven homes. We have never had "help" from mommy or daddy. We like to spend our time with adults.

the immaturity of this post 💀

how is it immature? I feel the same way. The only reason you would say this is that you received help and are embarrassed.

Nah it’s immature. I haven’t had any help in life but PP’s comment is still highly, highly immature. Literally calling anyone who had help in the form of housing a child lol. It’s never right to just completely write off people that you don’t know for something stupid like that, that’s just called being a decent human being.

[Anonymous]

Under 35. And everyone except us. My mom offered us $100k but is a widow and too generous relative to her wealth. We have a hhi of 500k so my philosophy is if we can’t afford something we need to adjust expectations.