🚀 go-pugleaf

in article G_zB4.204$56.3036@sea-read.news.verio.net, David Kaye  wrote:

> usenet201@hotmail.com wrote the quoted material below:
> " While I am a young 26 year old engineer living the bay area, paid a
> " decent wage by national standards, but I still can't afford a home, not
> " even a menial condo.
> 
> And so what?  Why do you think you're owed the right to buy a home at age
> 26?  My parents weren't able to afford to do that.  Throughout most of the
> history of this country, people as young as you weren't able to afford to
> buy a home.  That's why they lived several generations to a household.

The amazement over the fact that it is tough to buy a home seems to be a
relatively recent phenomenon. I recall living in apartment after apartment
with my parents until they were able to scrape together (with the help of
their own parents) enough cash for a down payment on a modest house in a
decent neighborhood. Both parents were educated professionals with decent
incomes. They drove hand-me-down cars from the grandparents.

All of my friends who eventually bought homes, including myself, have had to
skimp on a lot of petty luxuries, pull rabbits out of hats with creative
financing, drive ten-year-old cars, and eat lots of Kraft and Chef
Boy-ar-dee during the early years of home ownership and those preceding the
purchase. None of us were exactly burger-flippers, either.

Watching some of these folks bellyache about the price of housing while
cruising along in the Beemer toward the apartment full of computer and
stereo gear, HDTV, and designer furniture causes me to chuckle a bit.

Fortunately, there are still some young folks who apparently want to buy a
house badly enough to plan, save, and research the market. It comes down to
a matter of priorities. Anyone who just thinks it "would be nice" to own a
home might as well forget it. It takes sacrifice, work, and a lot of
prioritizing.
  
-- 
John Higdon     |         P.O. Box 7648         | http://www.anntec.com/
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