Anonymous
Post 02/21/2021 21:29     Subject: How old were you when you bought a house that is $1.2m+

Never
Anonymous
Post 02/21/2021 21:26     Subject: Re:How old were you when you bought a house that is $1.2m+

37
Anonymous
Post 02/21/2021 21:25     Subject: How old were you when you bought a house that is $1.2m+

35
Anonymous
Post 02/21/2021 21:23     Subject: Re:How old were you when you bought a house that is $1.2m+

37
Anonymous
Post 02/21/2021 21:15     Subject: How old were you when you bought a house that is $1.2m+

35. Two biglaw lawyers.
Anonymous
Post 02/21/2021 21:10     Subject: How old were you when you bought a house that is $1.2m+

35.
Anonymous
Post 02/21/2021 21:00     Subject: How old were you when you bought a house that is $1.2m+

I haven’t afforded it yet and don’t foresee it in my future.
Anonymous
Post 02/21/2021 21:00     Subject: Re:How old were you when you bought a house that is $1.2m+

37
Anonymous
Post 02/21/2021 20:59     Subject: Re:How old were you when you bought a house that is $1.2m+

I am 56 and have never owned a house $1.2M My house was/is $600+K and I love it and my neighborhood.
Anonymous
Post 02/21/2021 20:58     Subject: How old were you when you bought a house that is $1.2m+

We have $1.2M in mortgage. Between DHs old condo and our house
Anonymous
Post 02/21/2021 20:57     Subject: How old were you when you bought a house that is $1.2m+

Anonymous wrote:I think the OP you are referring to is Asian. It is very common for Asian parents (especially ones that are still in Asia) to pay for huge downpayment or buying outright. I know one Chinese colleague, she and her husband bought a $2.2m townhouse in Georgetown at 28. It was paid entirely by the parents.

But do keep in mind, they have to take care the parents after they retire. No senior living community, which is considered a shame. I'm not sure I would trade parents help for that.


No, no and no. Please stop with the cultural assumptions.

Anonymous
Post 02/21/2021 20:55     Subject: How old were you when you bought a house that is $1.2m+

I think the OP you are referring to is Asian. It is very common for Asian parents (especially ones that are still in Asia) to pay for huge downpayment or buying outright. I know one Chinese colleague, she and her husband bought a $2.2m townhouse in Georgetown at 28. It was paid entirely by the parents.

But do keep in mind, they have to take care the parents after they retire. No senior living community, which is considered a shame. I'm not sure I would trade parents help for that.
Anonymous
Post 02/21/2021 20:54     Subject: How old were you when you bought a house that is $1.2m+

32.... we inherited money. That’s the only way it happened at that point.
Anonymous
Post 02/21/2021 20:50     Subject: Re:How old were you when you bought a house that is $1.2m+

I’m 28 and only know one person my age with a house this expensive - an heiress whose last name is very well known.
Anonymous
Post 02/21/2021 20:48     Subject: How old were you when you bought a house that is $1.2m+

I was a little bit shock to see someone on the forum buying a $1.4m house at 28. We couldn’t afford a $1.2m until 40!