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Reply to "It’s extremely hard to raise kids in a nice neighborhood without generational wealth "
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[quote=Anonymous]Actually a lot of couples without generational wealth are purchasing these homes. It’s not that difficult when you’re young, married and renting to sock away a lot of cash. And/or you get on the property ladder early My DH and I saved 100k in one year on a 300k HHI without kids. It wasn’t that difficult. We purchased our first home with 15% down and then rolled the equity into our next home, which is $2 million. Problem there are also plenty of couples who are too good for entry level homes and condos. They rent in expensive areas and complain about housing prices. You don’t start off in your dream home. [/quote]
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