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While I agree with your sentiment in general, do you really think it's normal to be in a house 5 years after graduating? That's still "first steps of my career
by phil21 10y ago
While I agree with your sentiment in general, do you really think it's normal to be in a house 5 years after graduating? That's still "first steps of my career" phase. Completely unheard of even when I was growing up where I'm from - you would have been seen as doing very well to own a home in your mid/late-20's.
- lawnchair_larry 10y agoWeird, for boomers in NA it was normal to be in their own house immediately after graduating. Not many lived with their parents after the 18-22 range. Not having a place by 23 would have you defending your reputation.
- morgante 10y ago> Not many lived with their parents after the 18-22 range. There's this amazing thing called "renting." Not owning your home doesn't mean you live with your parents. The notion that you should be able to immediately buy a house at the beginning of your career is ridiculously entitled.
- lawnchair_larry 10y agoNo one said "should", I'm just saying what people did. It was very common for young, working class couples to get a starter home, even with only 1 partner working.
- readhn 10y agoummm, Doctor - med school + residency and you are almost 30 + 5 years gets you to close to mid 30's of age Finance - MS followed by work followed by MBA takes you to 30 years + 5 years again close to mid 30's So no, im not talking 25 year olds.
- flubert 10y agoAnyone have actual stats on homeownership vs. age? Here's one I was able to dig up, maybe someone's got something better. This seems to say that 21% of people under 25 own a house, and 32% of 25-29's own a house. http://thereformedbroker.com/wp-content/uploads/2015/03/Screen-Shot-2015-03-11-at-12.02.42-PM.png http://thereformedbroker.com/wp-content/uploads/2015/03/Scre...
- nandemo 10y agoThat can't be right. Perhaps it includes people who live in a house owned by their family?