Reply to Is home ownership out of reach for people under 30?

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[quote=Anonymous][quote=Anonymous]I bought my house as a single female, 29 years old, making $110k, no family money, in March 2020 for $300k. I had a 3% down payment that was leftover from using my annual bonus to pay off my car. My great motivation was 3 other friends that were also single females around 29/30 were doing the same thing.

I think it will be harder for those in the younger generation because of their own doing - I’ve had to hire a few recent grads in the past year and they have no work ethic and expect the company to cater to them (requests for alternative schedules because they “just can’t get up before 9am” or needing to be off by 3:30 to make it to a yoga class). The lack of willingness to perform means less bonuses, raises and promotions from me, and therefore less opportunity to save a down payment.[/quote]

no idea why you are incapable of hiring capable employees, I'm guessing you probably pay squat, and they know that most raises and promotions are not based on hours work but on how much their managers liked them -- and clearly you have already picked favorites, and instead of focusing on product or outcomes, its "but in seat at 9am"

$300k in Mar 2020, where is that, South Carolina?  anyways, that was a great time to buy as the world freaked out and then basically housing doubled and rates exploded.  its like the boomers who bought in the 90s saying "its easy to buy" or saying their "long commute" was from Falls Church.
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