That’s not what he said. He said in a conversation that 40k wouldn’t hypothetically be a down payment 35 years ago. I didn’t say housing is cool today, I said that the conversation he had 35 years ago was very atypical and housing wasn’t impossible to afford until relatively recently. No, the experience of Gen X 20-30 years ago shouldn’t be compared to the experience of today as if they were the same.
If all you can afford is 40k down there’s zero chance you can afford the 8k a month payments
That’s not what he said. He said in a conversation that 40k wouldn’t hypothetically be a down payment 35 years ago. I didn’t say housing is cool today, I said that the conversation he had 35 years ago was very atypical and housing wasn’t impossible to afford until relatively recently. No, the experience of Gen X 20-30 years ago shouldn’t be compared to the experience of today as if they were the same.