Jul 25, 2024
6:47:48am
6:47:48am
When I graduated from BYU twenty five years ago I was making $24,500 on a single family income with one kid and another on the way. We had almost no savings and yet we easily bought our first home paying $120,000 for a 3 bed 2 and a half bath, two car garage, single family starter home in EM. With a FHA program my mortgage was payment was just over $800.
When we sold we made a decent profit and transferred that into our next, and have repeated until getting in into our current home.
This opportunity seems like a pipe dream for the current generation. There's no point of entry into the housing market. I don't blame this upcoming generation for being lazy or complaining. It truly is difficult situation.
When we sold we made a decent profit and transferred that into our next, and have repeated until getting in into our current home.
This opportunity seems like a pipe dream for the current generation. There's no point of entry into the housing market. I don't blame this upcoming generation for being lazy or complaining. It truly is difficult situation.
- Bio page
- Blueto
- Joined
- Jun 19, 2005
- Last login
- Sep 7, 2024
- Total posts
- 32,683 (6 FO)
Children:
Who grew up in the smallest house? (MikeWaters, Jul 25, 2024 at 10:46am)
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