Re:Why the “Self-Made” Success Story Is a Myth
by Consultant32452 on Tuesday February 19, 2019 @05:16PM
(#19203417)
I agree with you, additionally it's important to understand the concept of a "starter home." These homes may be much older, in less than ideal neighborhoods, and need you to put some sweat equity in them. The mistake I see some young people making is being unwilling to accept a home of lower quality than the ones their parents currently live in. They often don't see that this is their parents' second or third home that they've upgraded to. I don't blame the young people, I think this is a failure of the parents to set reasonable expectations of how to build a life.
Not saying life is cushy in this situation by any means. And of course there will be many families that cannot save enough. But it is doable if someone wants to make it a priority.