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[quote=Anonymous][quote=Anonymous][b][quote=Anonymous]I would guess they probably had family help in the sense that they went to decent high schools (private or good public), didn't have a ton of college debt (scholarships thanks to the good high schools, or paid by parents), were able to start saving early, and have a family safety net so they aren't afraid to take some risks such as a big mortgage.  They know they won't be living on the street if they miscalculated or have an unexpected emergency.  [/b]

Not necessarily family help in the form of contributions to a down payment.  It's totally possible to do that if you don't mind stretching a bit and taking some risks.  Those of us who survived the last housing crisis tend to be fearful of going underwater on a house.[/quote]

This.  [/quote]

Agree.  Dh and I both had college paid for, I had some help with law school, and the government paid for his medical school (md/PhD).  I paid off my relatively low law school debt aggressively before we got married (approximately $60,000), and it was paid off before I turned 30.  This alone put us in a much better position financial position than our peers with large educational debts from college, law school, and medical school.

We also have the benefit of knowing that we will almost certainly inherit a sizable amount from both sets of parents (no old money, both in professional fields who  capitalized on the stock market and housing boom from the 1980s forward.  We of course still save for retirement ourselves, grandparents have fully fiumded college funds.

I have no illusions that we haven’t been given a  dry substantial leg up even without parents contributing directly to our down payment   We make much different financial decisions than we would otherwise.[/quote]

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