Zahlfan wrote:Just curious about when people were able to afford a house in the DC area. I purchased my first house at age 39 (I didn't have any help, and I purchased by myself). I am wondering whether most people purchase their first house with some help from family (and jointly with a partner).
Anonymous wrote:Anonymous wrote:I met my DH at GMU at age 20. We purchased our first house when we got out first white collar jobs. That was in December of 2000, we were 23. The reason we could afford this is we went to a state school, didnt take out loans and didnt waste or time in grad school. We also were comfortable combining finances and renting the basement to roommates to supplement our mortgage. We're now 40 and on house #4, an investment property and a vacation home that we rent out on occasion when we are not using it.
So, you didn’t get into grad schools then?
Anonymous wrote:I met my DH at GMU at age 20. We purchased our first house when we got out first white collar jobs. That was in December of 2000, we were 23. The reason we could afford this is we went to a state school, didnt take out loans and didnt waste or time in grad school. We also were comfortable combining finances and renting the basement to roommates to supplement our mortgage. We're now 40 and on house #4, an investment property and a vacation home that we rent out on occasion when we are not using it.