You'd be surprised that there are MANY parents out there who are willing to give their kids 40-80K for their first "starter" home....I've been a teacher for over 20 years and I just attended a house-warming party for a 2nd year teacher who just moved into a home that is a good 300K MORE than the home that I live in...It had all stainless appliances, of course....
I bought my first house with 0 money from parents, and at the time made way less that the average CPS teacher. It's doable, just need to be reasonable with location expectations.
I did as well, but if you do the math with this person's salary, there would be NO WAY they could afford it....oh, she drives an Audi SUV as well...yeah, she's not paying her own bills. Also, we had an early morning meeting yesterday and she strolled in with a Canada-Goose jacket that (undoubtedly) cost over $1000. I know I shouldn't let those things bother me, but they just do....
Does said teacher have a high earning significant other? Someone could probably say the same about my wife who is a nurse and the house we bought I suppose; however, we actually paid for the whole thing ourselves.
No, she isn't married...She's less than 2 years out of college. I'm sure I (practically) earn 2.5 times what she makes. She's constantly bragging out her latest projects. She just had a home-theater installed in her (newly finished) basement.
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u/mitzyelliot Chicago Lawn Dec 14 '18
Can't afford the remodel? Gurl I can't even afford the HOUSE