Reply to If you were born in 1990, how do you plan on ever affording a house?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How?
1. No wedding. Got $50k total from 2 sets of extremely grateful parents that had just thrown  over the top weddings that was way more than $25k for each of them.

2. Went to an uncool you-never-heard-of-it school and had no undergrad student loans. Worked summers, weekends all through undergrad and grad school, even in the school cafeteria, the horror, and was an RA.

3. Lived in an apartment with roommates for years after I got my first job and paid off my grad school loan.

4. Started retirement savings at 24 so I had a good chunk of money by 30 and didn't feel bad about stopping contributing past the match to save up and buy a house with my husband.

5. Our first house was ugly, small, and way far out. We stayed for 10 years, through all our friends moving away and into better places, earning equity and saving up since as our incomes rose, our housing costs stayed the same. 
And now I'm in a great house in a great location. And I have granite! So fancy.[/quote]

The very fact that you consider $50k for a wedding reasonable (and your parents gifted you that much) tells me you are starting from a very different place than OP. I'm your age and $50k was an ungodly budget for a wedding back then. We got married in the church and had a reception in the church hall.  And going to a no name school is a huge gamble, but I bet you had connections to make sure it worked out at least as a backup (work at dads company).

Gonna go out on a limb and say you weren't born in 1990[/quote]

PP here, What part of my strategy is to relevant to someone who was born in 1990?  Exactly which part?[/quote][/quote]
The very fact that you consider $50k for a wedding reasonable (and your parents gifted you that much) tells me you are starting from a very different place than OP. I'm your age and $50k was an ungodly budget for a wedding back then. We got married in the church and had a reception in the church hall. And going to a no name school is a huge gamble, but I bet you had connections to make sure it worked out at least as a backup (work at dads company). [/quote]

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