• freebee@sh.itjust.works
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    1 day ago

    People I know with most real estate are 2 kinds.

    1. inherited everything.
    2. stayed in hotel Mama for free for years while not studying, but working as plumber/contractors/mechanic etc starting age 18-19. By the time they moved out age 26-30 they were already loaded, renting out multiple apartments.

    Both required parents, either they had to be wealthy and die early or decided to gift capital early; or to be super supportive, fun (tolerable) enough to keep living with after 18 and not asking you to pay rent.

    • TronBronson@lemmy.world
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      12 hours ago

      Yea I hope I put enough emphasis on the 2008 crash being responsible for his luck. I think he paid around $100,000 for a condo in California.

      I grew weed for 20 years which was the only way I got on the housing ladder at 26. I’ve been forced to downsize already but haven’t fallen off yet

    • TronBronson@lemmy.world
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      12 hours ago

      Also you could still rent a house back in 2008 for like $400-$1000 so the living with the parents thing wasn’t a necessity back then. We’d have 4 dudes in a 2 bedroom housing paying 2-$300 a month