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I'm curious to know - how did you manage to buy and sell a house by age 24 in the midst of a major housing bubble? Seems the down payment and credit-worthiness

I'm curious to know - how did you manage to buy and sell a house by age 24 in the midst of a major housing bubble? Seems the down payment and credit-worthiness in any major metro would have been a pretty huge hurdle for someone only a few years into their career.

satysin 8y ago
We were 21 when we bought the house. Two incomes and a few thousand from parents towards the deposit and it wasn't really all that difficult. The mortgage was around £100 less than renting so it made a lot of sense. It was my ex-wifes parents who persuaded us to do it tbh. We didn't think it would be possible but they were convinced it was the better option (which it was). We had to wait until we were 21 though as almost nobody wanted to give us a mortgage at 19 or 20 for some reason. Seems 21 was the magic number for their risk algorithms.