I bought that car at 23 years old exactly 2 weeks before I found out my fiancée was pregnant. I actually planned on turning around and selling it but it got hit and ran in a parking lot causing a mess. I kept it for a few years and sold it during Covid, I still barely broke even, who wants a corvette with an accident on it... Respectively, 30k wont change what zip code you could buy a house in.
I can make the 3-5% down payment, it’s the pesky monthly payments I can’t make lol. My neighbors put 20% on the same house as mine last November, their payment is $5200, nuts.Maybe.
But having to Save 30k is an accomplishment for most anyone.
If I had grade school age kids today? I would Definitely home school them.
I drove a 72 Torino when I was saving to buy my first house.
I bought it for 1500 and sold it for 1500 four years later. Everybody made fun of me driving my Starsky and Hutch car around!
My kids want the “tall garage” and the big backyard. ShhhhIt’s not so much the price of a home, as much as how much it costs to sell it, each time you need to move. You better get an RV garage
Home ownership is not for everyone. It’s a 20-30 year commitment, and most people can’t live in one location that long, to make the #’s work.
That 72 Torino was like driving a work truck. I was driving OBS F series trucks before they were cool. They were what I could afford that did the job. Now, I have the Prius...an 18 year old one. I work on trucks for kids, early 20s, driving newer crew cab diesels, lifted and pretty. I didn't have that, had a house payment. Still can't afford that, house payments are cheap compared to other things.Maybe.
But having to Save 30k is an accomplishment for most anyone.
If I had grade school age kids today? I would Definitely home school them.
I drove a 72 Torino when I was saving to buy my first house.
I bought it for 1500 and sold it for 1500 four years later. Everybody made fun of me driving my Starsky and Hutch car around!
If you bought your first house today what’s 20% look like?
The old fucks here, which is the majority it seems just don't get it...look at the responses here, "we bought in the 90's" lol, c'mon, it's a completely different playing field than it was 30 years ago. It's a global economy now and it's not gonna get any better in the foreseeable future. We've made countries like China, India etc rich from their cheap goods that they offer us. Peeps from those countries all want to live here. You're not just competing with Joe the plumber anymore to buy a house, you're competing with the 1% of those foreign countries. Wages are so disproportionate to rent and of course buying that most young people have given up on the dream. Only way you can do it now is have help from parents if you're lucky...This just furthers the divide between the have's and the have nots. I swear this country is getting closer to a Fuedal system...I totally get your sentiment. But if you track home prices and rates through the 70s to 90s vs wages it’s just not close to comparable.
I think we need to get back to saying it’s ok to take a risk on buying a home. You need a place to live in and rent never goes down
Unfortunately your generation (not directed at you) has been talking out both sides of their mouth for a while now. Buyers of 2007-2009 were reckless/dumb/etc, and now we are back to an all time high (pricing and rate wise).
Meanwhile the same people say, pull yourself up by your bootstraps and get busy living or get busy dying lol. I can literally feel the “I told you so” comments that are coming for home buyers of 2020-2024.
We bought in 2018 and everyone said we were out of our mind. Meanwhile we know multiple couples that have good jobs who cannot afford to buy.
It’s you’re.
Out of curiosity did you ever do roofing work in the late 70’s with an individual with the last name of Dove?
He'll, I was born in the late 70's...Pops was nice enough to keep me from it until the late 80's. After that, well I learned how to shingle, cuss, carry a hot bucket and tape up wounds...fun stuff! Pops may have, but he passed in 05
Same here. Our first house was 0% down with a VA loan & that was the only way we could've done it. The military is a nice option when you're young, dumb & full of shit. The benefits stay with you forever.
I got the Vet status on my driver's license so I get some misc. retail discounts, and I get 10% discounts at Home Depot and Lowes.
Out of curiosity where did you purchase your new home? The 4/3 with RV garage and like minded neighbors interests me.
www.riverdavesplace.com
Surprise, AZ. I can DM the neighborhood to you if youd like. Theres quite a few similar neighborhoods out this way.
If you could DM me the neighborhood and builder I would appreciate it.
Ironic. My Dad lived on Hickory St in Watts. He also went to Grape St Elementary and LA Jordan High School. 100% true, all prior to WWII.
