If you happen to know, how much did your parent(s) or grandparent(s) pay for their first house?
When my grandfather left military service at the end of World War II, a house coat $5,000. He shook his head in despair, wondering how he would ever accumulate that much money in his entire lifetime. ~
My parents didn't have money like that, and neither do I. Apartments have been their life up to this point.
This post was edited by Zack at April 12, 2022 7:24 AM MDT
My parents never owned a house. When my dad came home from WWII, Levitt was building homes available only to World War II veterans and their families--and only white veterans at that--the first Levittown house cost $6,990 with nearly no money down. My dad was always afraid that if he got laid off (he was a construction worker), he wouldn't be able to make the mortgage payments and the house would be foreclosed. He regretted that until the day he died.
