Inheriting is becoming nearly as important as working

Re:Inheriting is becoming nearly as important as working by cool_dude85 on Friday February 28, 2025 @09:32PM (#43215022)

I have a very different experience. I did all the right things, more or less, got into a good field with a secure job in the broader tech industry, and indeed I make very good money.

Despite this, I can not afford to buy the house I grew up in; a 3 bedroom SFH with a decent sized yard and a pool, around 1400 square feet, 45 minutes away from downtown without traffic in a hot real estate market. My father was able to purchase this home as a tradesman with 4 kids, being the only parent who worked outside the home.

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Re:Inheriting is becoming nearly as important as working by abustamam on Saturday March 01, 2025 @04:48PM (#43224053)

Same. Though my dad was also a software engineer, but he was just never good at negotiating raises. My wife and I both work and we could maybe swing the price of the house I grew up in, but the mortgage would be roughly the same as our rent now currently.

Similar case for my wife. Her parents bought in 2000 with a combined household salary of less than mine alone. The mortgage would be twice our monthly rent. Fortunately we stand to inherit that house, which sort of proves the article's point.

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