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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]I was 32 and DH was 31 when we bought our current house for $1.1M (now 48/47 and the house is probably worth at least $1.4M). It's our first and probably only house as we had to stretch to buy into our neighborhood. DH did the calculations and figured we missed the appreciation we might otherwise get from buying a cheaper starter home in the same area that met our criteria (two door garage and higher ceilings-particularly in basement (he's really tall)). I remember older childless couple down the street made some comment (at our first neighborhood gather) that assumed we had received parental support to buy it. Nope. We stretched our budget and we had lived in a 1 bedroom rental apt (with one bathroom while I would have preferred at least 1.5 bath) and some of the down payment had come from savings that DH had started saving since he was 12. [/quote]
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