I'm a middle-aged single parent who has never owned a house.
I doubt I'd ever be able to buy one, either, cuz just this year I finally started making money at a REAL job and now I make too much to qualify for the downpayment grants our city gives single parents to help them buy their first home!
Of course, when I *did* qualify, I wasn't making enough to actually be able to afford the monthly mortgage payement, regardless of having a grant for the downpayment or not.
boogers.
And as the mortgage crisis comes to fruition, I'll be shoved right out of a mortgage through any bank. And my rent will continue to rise as people can no longer get loans to buy houses so demand for rentals goes up, and I'll never be able to save the $$ for a downpayment unless I start living in my car. (my rent for my apartment has gone up $300/month over the last 4 years)
Last edited by KnottedYet; 07-23-2008 at 05:55 PM.
"If Americans want to live the American Dream, they should go to Denmark." - Richard Wilkinson