That gave me pause, too. But I have a family member who bought a house at around 19 - a fixer upper in a semi rural area in Georgia (the US state) with a down-payment from his family. His dad helped him repair it and make it liveable. So that’s lending some verisimilitude to the story.
It’s possible in a very rural area with mommy and daddy’s help, but it’s definitely not ‘finding happiness’.
Owning a house means being house poor, can’t buy what you want because all your money is spent maintaining your property. That’s stressful.
Getting married in your early 20s is also a recipe for disaster, you change too much in that time period and have no idea what you really want out of life. FOMO starts to hit as 30 approaches and both partners blame one another for trapping them in an isolated home with no money and the next 50 years looking exactly like the last 10 did.
It’s not always mommy and daddy though. My fiance busted her ass and saved up and was able to make the down payment herself when we got our house. Definitely not easy, but not entirely impossible. And yes, I know we’re lucky, I am grateful for what I have.
Yeah when I was 16 I had a 19 year old girlfriend who owned her own place. It wasn’t a small place either, 5 bedrooms, 2 bath, large living room and an entertainment room.
She bought it for 20,000 in a tiny rural neighborhood in the middle of nowhere. It was always packed with young people partying. One day she got married, had kids, and raised them there.
She sold the house about 5 years ago for 60k and used that as a nice down payment on a nice house in the middle of town.
She got the place for a damn good price. It was in an old mining town and had been cared for since the 60s by a housekeeper for a rich family who left when the mines went under. I’m not joking, when we went to look at the place it was a time capsule. It had magazines in baskets in the kitchen from the 60s. The decor hadn’t been changed. The woman who lived there kept to her one room and maintained the rest of the house. It had the color tv the owners bought in the late 60s, a bookshelf with old encyclopedias, the original washing machine and classic stove. The guy who owned it was the owner of the local cable company and there was a building full of old cable hardware. He had a washing room built outside for the lady who stayed there where she kept her personal belongings. It was a large room with an attic. Hell, someone could have lived in there honestly.
It was amazing. Kind of broke my heart to see it changed.
That gave me pause, too. But I have a family member who bought a house at around 19 - a fixer upper in a semi rural area in Georgia (the US state) with a down-payment from his family. His dad helped him repair it and make it liveable. So that’s lending some verisimilitude to the story.
Upvote for specifying US state, not the country!
It’s possible in a very rural area with mommy and daddy’s help, but it’s definitely not ‘finding happiness’.
Owning a house means being house poor, can’t buy what you want because all your money is spent maintaining your property. That’s stressful.
Getting married in your early 20s is also a recipe for disaster, you change too much in that time period and have no idea what you really want out of life. FOMO starts to hit as 30 approaches and both partners blame one another for trapping them in an isolated home with no money and the next 50 years looking exactly like the last 10 did.
It’s not always mommy and daddy though. My fiance busted her ass and saved up and was able to make the down payment herself when we got our house. Definitely not easy, but not entirely impossible. And yes, I know we’re lucky, I am grateful for what I have.
Yeah when I was 16 I had a 19 year old girlfriend who owned her own place. It wasn’t a small place either, 5 bedrooms, 2 bath, large living room and an entertainment room.
She bought it for 20,000 in a tiny rural neighborhood in the middle of nowhere. It was always packed with young people partying. One day she got married, had kids, and raised them there.
She sold the house about 5 years ago for 60k and used that as a nice down payment on a nice house in the middle of town.
She got the place for a damn good price. It was in an old mining town and had been cared for since the 60s by a housekeeper for a rich family who left when the mines went under. I’m not joking, when we went to look at the place it was a time capsule. It had magazines in baskets in the kitchen from the 60s. The decor hadn’t been changed. The woman who lived there kept to her one room and maintained the rest of the house. It had the color tv the owners bought in the late 60s, a bookshelf with old encyclopedias, the original washing machine and classic stove. The guy who owned it was the owner of the local cable company and there was a building full of old cable hardware. He had a washing room built outside for the lady who stayed there where she kept her personal belongings. It was a large room with an attic. Hell, someone could have lived in there honestly.
It was amazing. Kind of broke my heart to see it changed.