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Reply to "$200K and just getting by"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]A friend of mine bought a house at age 25 in the DC area, this was in 2000. He lived at home for several months to save for a down payment. It worked out for him. If you want to call that parental help, so be it, but the house wasn't gifted to him. [/quote] Obviously free rent is parental help? I mean... he can be as happy as he wants about his improved financial condition but I hope he checks his smugness. [/quote] I have known him a long time, that isn't the type of person he is. He got the house in his name, still living in it, and his mortgage is less than my apartment rent is. He could have paid some of his parents mortgage and still been able to move out in a year, which is about how long it took. He makes good money. It was a smart tactic to get a house. Oh, he has been single the entire time, never married. [/quote]
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