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re: Salary of $115,627 needed in order to qualify for a mortgage on a typical American home

Posted on 10/18/23 at 10:27 am to
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 10/18/23 at 10:27 am to
quote:

Exactly, I see it all the time. These kids want the same house their boomer parents live in, but have no idea the years of work kicking the proverbial can down the road it took to get there.
fify
Posted by FightingTigers138
In your thoughts
Member since Dec 2016
5746 posts
Posted on 10/18/23 at 10:33 am to
quote:

These kids want the same house their boomer parents live in


My parents bought a home bigger then mine for 110k back in 1986. In a nice neighborhood with a golf course, a river, tennis courts, and a baseball field.

Wish we had opportunities like that these days.
Posted by MikeyWM97
Ruston
Member since Aug 2022
183 posts
Posted on 10/18/23 at 10:59 am to
quote:

quote:
Exactly, I see it all the time. These kids want the same house their boomer parents live in, but have no idea the years of work kicking the proverbial can down the road it took to get there.
fify


My grandfather used to say the same thing 40 years ago about his grandfather buying a house for $1,500. Every generation says the same thing.

Downvote away... LOL
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