Home Ownership

[hobart]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

Sure, but it's still frustrating to find out that purchases that take up 50-80% of a good salary only took up about 20-30% of a low end salary

This hasn't been true since the late 60s. Only the oldest of Boomers had this advantage. And while housing is a greater % of your income now, the annual rates of return have also skyrocketed.

Poor career choices, choosing to start out in cities with a high cost of living, poor spending/savings habits. That's what it comes down to.