Millennial Homeowners Are Sharing How They Were Able To Afford A House In This Economy, And Their Honesty Is Refreshing

·6 min read

Let's be honest: Buying a home right now — whether it be a house, townhouse, or condo — sucks. In cities nationwide, there are far more buyers than there are houses for sale, which often leads to bidding wars that price homes far above their actual value.

Two happy young women showing off the keys to a new house
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So when young friends, family, schoolmates, or just randoms on our timelines announce they've bought a home, many of us are left wondering...how? How are they affording it?

Piles of coins of increasing height, with a small house with a key attached to it on top of the highest one

Those who are lucky enough to have an inheritance or a family willing to offer a loan, or to receive money through other privileged means, do not always share this, which can lead some to assume they did everything by themselves.

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Recently, Twitter user Josh Kruger, a Philadelphia-based writer and commentator, went viral after asking millennial homeowners to share how they were able to afford the down payment and closing costs for their homes.

Here are a few of the most refreshingly honest replies:

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If you're a first-time homebuyer or interested in the process, click here to find local homebuying programs in your state.

Now, after reading through, I'm curious — what questions do you have about homeownership? Let us know in the comments, and we may answer your question in an upcoming post.