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Reply to "If you were given a starter house and had no student loans…"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A better question would be how many people are actually just given like a $500K house?? Is that even a thing?[/quote] I had a coworker whose parents bought him a $500k townhouse with cash. They also buy him a luxury vehicle every few years. It happens. [/quote] It happens but not in any regular middle class world. Issues/disabilities aside, it is a from background of financial privilege to be gifted an entire house. Regular middle class people aren’t even gifted down payments no matter how [b]much people on here pretend it is a middle class thing. These are UMC and Upper class things.[/b] [/quote] Mmm, I do think this is fairly common place. And fairly trad middle class. [/quote] No way is the gift of a large down payment a fairly commonplace middle class thing. Just no way. No one in my middle class world got any down payment help from their parents at all. The only people I know who got that kind of help were definitely upper middle class at the least. They had very different financial backgrounds than my middle class family had. I can’t believe people would think that that kind of down payment help is a middle class thing. Maybe it’s people who are actually upper middle class but like to think of themselves as “just middle class.” [/quote]
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