If they saved enough for a house in three years, either they have a highly lucrative job or they’re in a market where homes are cheap or some combination of the two.
3 years is definitely a good amount of time to get a solid down payment. It's not like a 25-year-old is going to buy a house with cash.
Either they work oil wells in bumfuck South Dakota or they are a SRE with a Silicon Valley company.
Or they don't live in the US at all. Wild concept, but entertain it for a second
My area, you can get a house for 100k, a better one for 200k. If you're saving most all income from a 75k job like programming, seems reasonable to be able to afford a house in that timeframe. But that's with very very little spending and still pretty cheap houses.
Where do you live that houses are 100-200k and programmers make 75k?
If they saved enough for a house in three years, either they have a highly lucrative job or they’re in a market where homes are cheap or some combination of the two.
3 years is definitely a good amount of time to get a solid down payment. It's not like a 25-year-old is going to buy a house with cash.
Either they work oil wells in bumfuck South Dakota or they are a SRE with a Silicon Valley company.
Or they don't live in the US at all. Wild concept, but entertain it for a second
My area, you can get a house for 100k, a better one for 200k. If you're saving most all income from a 75k job like programming, seems reasonable to be able to afford a house in that timeframe. But that's with very very little spending and still pretty cheap houses.
Where do you live that houses are 100-200k and programmers make 75k?