Dave Ramsey
👤 SpeakerAppearances Over Time
Podcast Appearances
The home that your mom is in now, did you grow up in that home?
So the home you grew up in was not as nice as the home that you're currently staying in?
And you're not damaged because of that?
Okay.
That's annoying.
Your childhood home, though, you might, and your children will not be damaged if they move into a home that's not something off of the real estate channel being redone by Chip and Joanna, okay?
So I want you to get your toe in the water in some kind of piece of real estate and establish sustainability of your own life.
Whether that's an inexpensive rental and you have a little bit too far of a commute or it's not a stellar piece of property that lines up with all of your wants but does cover your needs.
But I think the reason you're chasing the carrot is you set the carrot pretty far out on the stick.
And I'm going to pull the carrot back in and grab a hold of it and take a bite out of it.
I'm not saying it's not tough, but I'm saying the way she can enter the market, making $120,000 a year with a $60,000 down payment is probably not.
I mean, DC is super expensive, right?
You're going to be outside of DC.
You're not, you're not buying a place.
You're not buying a place in DC proper.
You're not buying a place in LA or San Francisco, you know,
That used to be when you made $100,000 a year, you'd made it, but not anymore.
And not with housing prices being what they are.
And so you're in a market where your expectations based on your fabulous progress that you've made, I'm very proud of you, but it may mean that you go somewhere else.
The number of people that shared a bedroom with a sibling.