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A millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor'
(www.businessinsider.com)
this post was submitted on 14 Aug 2024
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Yeah, my wife and I didn't inherit any money or get any kind of gift for a down payment but we wouldn't be homeowners unless our parents paid tens of thousands into each of our college educations.
My husband and I wouldn't be homeowners if we didn't live with my parents for over a decade saving up. Though I understand not everyone has that available to them.
If we'd had to rent an apartment it would've never happened. We also don't have kids, so that's a contributing factor too.
Even with all that, we could only afford a small, one story fixer upper that was an estate sale in the middle of nowhere. It's a house though, and we were very lucky to get it.