Like, without help from family, inheritance or other death benefits. I know of one person IRL who purchased a nice home independently. Everyone else I know either probably got help from parents or for sure got help from parents, an inheritance or a check from life insurance – No shade from me btw.
I have no inter-generational wealth, no property-owning parents and no prospects of inheritance because of generations of lower working-class woes.
I’ve got an ok job myself though, but when I sit down and plan on acquiring a house alone, it’s pretty abysmal of a prospect. I have no spouse but do have a partner who can’t really help with the financials. Anything I could afford near my job right now with my DTI would require between 1-2x the property’s sale value to make habitable.
So, any data or even anecdotes and independent home ownership stories? Need something to keep me from lamenting this situation more. Just need a tiny hit of copium.