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Reply to "how the hades did you save a six figure deposit?!"
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[quote=Anonymous]I feel sorry for younger people in this market. When I graduated from college in the 80's. I paid off my student loans and saved enough money for a 10% deposit on my first home (FHA) in three years. I had no help from family. I did have two jobs for a while though. I refinanced to get rid of the PMI. 5 years later I had enough saved to buy a second investment house. That seems impossible now. Younger people make more money and can't afford to own the roof over their heads.[/quote]
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