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goldenhourbaby t1_ja9a6ro wrote

The answers to this will vary a lot. I’m not speaking as a homeowner (sadly) but everyone I know who owns a house in CT had at least two of these things working in their favor:

*dual income with a partner

*no student loan debt

*decades in the workforce

*financial help from family/parents

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Bla_Bla_Blanket t1_ja9bf3s wrote

No I don’t think that is the case. My husband and I both come from a poor background. We worked and saved for our house. He still has some student loan debt that we’re working on paying off and definitely no financial help from anyone.

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goldenhourbaby t1_ja9bpqa wrote

That’s so good to hear 💖 my sample size is just people I know, all of whom seem to be starting with a major leg up. I’m so glad that home ownership has been a possibility for you— fingers crossed I can get there too!

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Zootallurs t1_ja9ygq9 wrote

Partner was stay-at-home when we bought. Was paying off $100k+ in student loans. Not a penny from family. Did have decades working, though. It was really tight for several years until my wife went back to work FT. It wasn’t the housing costs, it was childcare when she was PT.

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LizzieBordensPetRock t1_jaac1id wrote

We bought in 2008. We had two incomes but not great ones, and were also paying to keep an apartment in upstate NY for husbands job. We got a fixer upper. Both of us had plenty of student loans. I was 26, he was 31, so not nearly decades. No financial aid from family, but they did contribute skills towards fixing it up.

We did the small old house that needed work in a good neighborhood. Been here 15 years and plan on staying.

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Ambitious_Relation92 t1_jaajjw1 wrote

I own a condo. I have a single income, and am a single parent . No child support and no financial help from family/friends. Just my income.

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silasmoeckel t1_ja9jjmo wrote

My niece bought at the start of covid. 250k home on a single income, just staring out in her career, with student loan debt, and would not take help from any of us.

I just helped an older relative buy a home last year, 3% down for a widower, no debt, retired on a fixed income, and would not take any financial help. She is living rent free and making a decent bit on the property while not having to do any regular maintenance (shoveling mowing and the like) by adding an ADU for her to live and renting the remainder.

It's definitely doable it just takes a plan and working towards it vs expecting immediate gratification.

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