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Anne Helen Petersen Jun 3
Many months in the making, here at last is my piece on how millennials who've managed to buy a house made it work. Each of this stories is fascinating in its own way, but the one where they bought the house of Craigslist still boggles the mind:
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Anne Helen Petersen Jun 3
Replying to @annehelen
A HUGE thank you to the hundreds of people who filled out my initial home ownership survey; I could've read your stories forever. And while there's only 14 featured here, the same themes came up again and again:
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Anne Helen Petersen
1) The only way to buy a house right now is to either have money from a family member in some capacity (inheritance, gift, etc) or to buy in a fairly non-urban place 2) People are very ambivalent about it — and interrogating the idea that home equity = personal value
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Anne Helen Petersen Jun 3
Replying to @annehelen
"I feel incredibly self-conscious about my homeownership. In my circle of friends, we're one of two couples that are homeowners. The others would like to own but are stuck renting. Most of them know that I was given my down payment, and it makes me feel guilty."
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Anne Helen Petersen Jun 3
Replying to @annehelen
" Certainly as a gay man I imagine some fabulous home with a partner as a status symbol, an assertion that my gayness is valid and good and even enviable."
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Anne Helen Petersen Jun 3
Replying to @annehelen
"Our mortgage comes out to about $1,600/month for a 900-square-foot rat trap on a huge lot in walkable, tree-lined, verve-tastic Central Austin. It is my absolute dream home and I will die on this land."
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Anne Helen Petersen Jun 3
Replying to @annehelen
and dammit there's a typo in the original tweet, but too late now!!!!!!!!
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note that his statement was incorrect. Jun 3
Replying to @annehelen
So... 1) is extremely not true of all of my friends here in Houston. We all rented til our 30s and all managed to buy houses within central houston, and we don’t work in o&g.
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Anne Helen Petersen Jun 3
Replying to @crocken
That's great!
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Adrian Miller Jun 3
Replying to @annehelen
We were able to buy in our late twenties, but only because the Billings real estate market was reasonable - as opposed to Bozeman or Missoula. I'm not even certain I could buy there now in my mid 30s.
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Emily Wright Jun 3
Replying to @annehelen
Wish we were in a position to buy where we live but my student loans decimate my income. Pretty dismal way to spend your 30s, if you ask me.
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