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Nope, I would bet a lot of these people had the means to gift their kids a nice down payment for their first home. That's why the best indicator of where you en
by wonderwonder 4y ago
Nope, I would bet a lot of these people had the means to gift their kids a nice down payment for their first home. That's why the best indicator of where you end up financially is where you start.
- ClumsyPilot 4y agodownpayment doesn't get you out of the hole -> you are still on the hook for decades, to keep sinking the majority of your earnings into that house. That's money lost to productive economy, and money lost to you.