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Reply to "How old were you when you bought a house that is $1.2m+"
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[quote=Anonymous]We bought our first home when I was 31 for 875k. We put 25% down. Parents paid half of the downpayment and we paid the other half. We can probably afford a $1.2 million home now, six years later since our home is now worth $1.1 million. However it would be a stretch for us financially since we have three kids. We are really lucky. Some of our friends couldn’t afford a house like ours and ended up having to live much farther away from work. Others have delayed having kids. Things are just so much more expensive these days and the majority of young couple that can afford homes (expensive or not) have gotten help from their families.[/quote]
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