I think the non-college route yielded better than college for my age cohort. First dude I knew who bought a house was like 19 and he’d been working at Costco for 4+ years. 2008 happened and suddenly this young man had a stable job and savings and looked great on paper 🥲
Comment on We shouldn't have to go to college in order to afford a house by 30.
Monster96@lemmy.world 2 days ago
Op thinks we can afford a house by 30 if we go to college. Image
TronBronson@lemmy.world 2 days ago
freebee@sh.itjust.works 2 days ago
People I know with most real estate are 2 kinds.
- inherited everything.
- stayed in hotel Mama for free for years while not studying, but working as plumber/contractors/mechanic etc starting age 18-19. By the time they moved out age 26-30 they were already loaded, renting out multiple apartments.
Both required parents, either they had to be wealthy and die early or decided to gift capital early; or to be super supportive, fun (tolerable) enough to keep living with after 18 and not asking you to pay rent.
TronBronson@lemmy.world 1 day ago
Yea I hope I put enough emphasis on the 2008 crash being responsible for his luck. I think he paid around $100,000 for a condo in California.
I grew weed for 20 years which was the only way I got on the housing ladder at 26. I’ve been forced to downsize already but haven’t fallen off yet
TronBronson@lemmy.world 1 day ago
Also you could still rent a house back in 2008 for like $400-$1000 so the living with the parents thing wasn’t a necessity back then. We’d have 4 dudes in a 2 bedroom housing paying 2-$300 a month
SpankyDoodle@eviltoast.org 2 days ago
36 and counting…
Iunnrais@lemmy.world 2 days ago
42 and counting… I actually have some small hope of trying to buy a house next year though. Not in my home of America though, it’ll be as an expat, and contingent on a foreign bank extending me credit. Not a sure thing at all, but… I’m hoping? There might actually be a path forward? Maybe?