Okay I don’t have friends to ask…, but I have relatives and a lot of my parents’ friend circle and a lot of them apparantly own their homes… and apparantly there are a few that even own rental properties…
(USA, their social circle varies from Seattle, Boston, NYC, and Philly)
I’m with my parents and they own this house…
People with rich parents own homes, pretty much nobody else does. Because their parents gave them the down payment or purchase it outright for their adult child. Ironically, these folks are the most vocal and whiny about how they don’t have enough money…
I don’t know very many people who own their own places who bought it entirely on their own, and those that did, usually live in a crappy tiny house in a undesirable town outside of the city. And they bought their homes around 40 years old, no in their 20s or 30s like the rich kids did.
This is coastal USA in major city areas. In rural areas or midwest… most people are buying homes around 30. It’s much cheaper.
Wait, I own a home, and my parents aren’t rich…
Well…I didn’t think so when I was growing up, and my parents divorced when I was in high school, so that colored my perceptions a bit…
OTOH…my dad went on a 10-month “world cruise” two years ago, and my mom is wealthy enough to snowbird. Still, my childhood was “a normal-seeming house in Small Town USA, going to public school”. Hardly gold-plated.
I bought my first house at age 28, no direct help from my parents (in before “but check your privileged upbringing!”). I won’t whine about how I don’t have enough money, though. I budget and save pretty aggressively.
Yeah, that’s fair. I’m firmly in MCOL flyover country. Completely different world for housing than the bay area or NYC.