rpanonmod ([personal profile] rpanonmod) wrote in [community profile] rpanons2016-01-05 03:19 pm

Found the token ace

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(Anonymous) 2016-01-17 11:48 am (UTC)(link)
Back then men typically didn't marry until they had enough saved up to be able to support a wife and family. A woman wasn't expected to work, she was expected to stay at home and raise the kids.

Also, you clearly have no clue what a mortgage is. Very few people buy a home without one and it typically takes 20-30 years to pay that off and truly own your home. That's assuming that shit didn't happen and you had to take out further loans on your home's equity. All someone pays for upfront is down payment, closing costs and other various things like buying furniture, getting the home inspected, etc.

So yes, they may have earned enough for the down payment and other expenses on a home, but they don't truly own a home yet. They just have escaped the pit of renting and now pay a mortgage and property taxes instead of rent.

(Anonymous) 2016-01-17 04:27 pm (UTC)(link)
okay and how easily did they get that mortgage? how much of one were they given? how quality was the home they bought with it? because I can bet you all of the answers are more positive than what someone in their mid twenties can manage right now.

(Anonymous) 2016-01-18 03:41 am (UTC)(link)
also, the overall price of the home was lower which meant the down payment was lower. down payments on houses used to be like, a few thousand. now they'd be well into five digits.