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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 10:30 am to
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 10/18/23 at 10:30 am to
quote:

These kids want the same house their parents live in, but have no idea the years of work it took to get there.




Muh lazy generation argument is lazy.
Posted by BluegrassBelle
RIP Hefty Lefty - 1981-2019
Member since Nov 2010
99349 posts
Posted on 10/18/23 at 10:34 am to
quote:

Muh lazy generation argument is lazy.


My Dad does the same shite. Brags about how he doesn’t have a car payment or mortgage payment. That folks just need to “pull themselves up by their bootstraps” or “live within their means”.

He lives in the 850 sq ft, 3 bedroom house they bought in 1975 for like 30k and was built in the 50s. While getting 4K a month from his railroad pension from a job he was able to get right out of high school.
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