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Real Estate
Reply to "How many people in your social group had family support in buying a house?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have no idea because this is not something that would be talked about. [/quote] 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.[/quote] Good point, but we all innately want to root for the underdog. We want to see the truly self-made (wo)man succeed. So seeing a majority of buyers gifted money to buy homes at the detriment of the rest of us still hurts. [b]Some fresh college grads bought a 700k house I was tracking.[/b] Yes, I checked public records.[/quote] I understand what you're saying, but... I am someone who bought a two bedroom/two bath luxury condo when I graduated from college. Did you want me to ... not buy it? Leave it for the elder millennials? I had the money because when I went to college my dad gave me money that was meant to cover rent and necessities and I never spent all of it, plus he gave my child support to me directly, and my trust paid for school. So I was able to save a lot. I was not one of those girls getting her nails done weekly or anything. I got my hair cut twice a year and got takeout once a week and ate out with friends once a week. So I was saving, though I wasn't suffering. I then sold the condo for a profit and DH and I bought a Victorian. [/quote]
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