Quote:
Originally Posted by classicman
Very well said - I too bought my first home after working 2 & 3 jobs for years to save up for the down payment. I scrimped and saved and sacrificed. I HAD to be disciplined to achieve my goal. I was and I did. No entitlements!
The people who bought more than they could afford because they didn't do their "homework" or weren't/aren't willing to sacrifice get no sympathy from me. 
If you took a risk & lost thats on you - YOU pay the piper. |
I forgot to add this -- before we bought our first home, we lived for 5 years in a dinky single-wide trailer, purchased for $1500. Sold it for $5K, which was the 10% down payment on our house. Nice how that worked out.
But people hear that story and say "ewww....you lived in a trailer? In a trailer park? You must be trailer trash! I'd never live like that..." Those are some of the people who are having trouble these days, aren't they? Too many young people expect to have an equal standard of living to the one they had with their parents, right away.