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Real Estate
Reply to "How many people in your social group had family support in buying a house?"
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[quote=Anonymous][quote=Anonymous]I don’t know anyone who has admitted it freely, but I know a lot of people whose incomes and lifestyles do not align with their jobs. [/quote] +1, there is always that moment of confusion when you see someone’s home or they talk about a vacation they just took and your brain tries to square their jobs with it. Family money is always the answer, but it’s still surprising somehow. I’m my 20s and even into my 30s, I also had a mistaken idea of how much journalists and people at non-profits made because they had such nice lifestyles. It took me an embarrassingly long time to understand a lot of people I knew in these fields weren’t trying to live off their salaries at all. Trusts, homes fully funded by family (sometimes even owned by family), vacations paid for by family or at family-owned properties, lots of gifts in the form of clothes and furniture. They might be spending their own money on food and entertainment, maybe some bills, but that’s it. And I’d stupidly have conversations about money with these people (student loans, cost of housing, wanting to do something expensive and feeling like I needed to wait). I had no idea.[/quote]
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