I’m 44. Bought first home for $250k in 2003. Moved into another in 2008. Got destroyed selling it in crash. Paid $280k for home in San Diego in 2014 while enlisted in Navy. Lived with wife (BAH) and rented 2 rooms. Civilian again at 37 with $7500 net worth. Worked 50hr as a nurse, wife same as a xray tech. 3 years later had $230k cash in…
I’m 44. Bought first home for $250k in 2003. Moved into another in 2008. Got destroyed selling it in crash. Paid $280k for home in San Diego in 2014 while enlisted in Navy. Lived with wife (BAH) and rented 2 rooms. Civilian again at 37 with $7500 net worth. Worked 50hr as a nurse, wife same as a xray tech. 3 years later had $230k cash in bank. Paid $410k for lake house in Connecticut in 2020. Refinanced to 2.0875% in 2022. It’s worth $575k now. We have 2 kids and $620k in 401k. Started over several times with no help from parents and community college associates degrees. Stop whining, move somewhere affordable, work overtime, get roommates, and get a degree in an industry that pays.
American kids: $400k degree for a $45k/yr job, live alone in city, willing to work 36hr/week, depressed, American Dream is dead
Immigrants: 8 family members in a 2 bedroom apartment, everyone works 80hr washing dishes, pays cash for home in 5 years, “Land of opportunity!”
I’m 44. Bought first home for $250k in 2003. Moved into another in 2008. Got destroyed selling it in crash. Paid $280k for home in San Diego in 2014 while enlisted in Navy. Lived with wife (BAH) and rented 2 rooms. Civilian again at 37 with $7500 net worth. Worked 50hr as a nurse, wife same as a xray tech. 3 years later had $230k cash in bank. Paid $410k for lake house in Connecticut in 2020. Refinanced to 2.0875% in 2022. It’s worth $575k now. We have 2 kids and $620k in 401k. Started over several times with no help from parents and community college associates degrees. Stop whining, move somewhere affordable, work overtime, get roommates, and get a degree in an industry that pays.
American kids: $400k degree for a $45k/yr job, live alone in city, willing to work 36hr/week, depressed, American Dream is dead
Immigrants: 8 family members in a 2 bedroom apartment, everyone works 80hr washing dishes, pays cash for home in 5 years, “Land of opportunity!”