Quote:
Originally Posted by _Q_
Seeing how expensive everything is, where do you propose they get the $50k - $100k from?
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Previous assets, like a smaller house. The 500k house should not be your first house.
Say you marry at 30, two incomes can get a 200k town house/condo in maybe not the best part of town. Put 10 to 20k down on that. Live there for 8 to 10 years, keep saving maybe have kids. By the time your 40, its time to upgrade to that 500k house.
Renting works too but it's slower.