Luckily, I was able to purchase my first home with my gf at 22. Now… a lot of things had to fall into place ‘perfectly’ for this to happen. And surprisingly they all did.

We each pay 1250 a month for mortgage which is slightly under half months pay (one pay check bi weekly). It is really tough, especially when you couple that with electricity, utilities, plowing, groceries, oil/gas/propane heating, and kids/pets if you have them (I only have 2 dogs and they eat a shit ton).

If you look at it this way, you save a lot of money by renting and don’t have to worry about upkeep and any of the above mentioned things. However, the “fact” that it’s impossible to own a home is simply not true.

A lot of these landlords are paying off their mortgage by renting out apartments. Why pay for their mortgage when you can get your own. All in all, I do have a partner to help split the mortgage with, but at least we are building equity and don’t have to deal with rules/annoying neighbors.

Lastly, I have so many friends who say they can’t afford a mortgage when they are literally paying one to rent an apartment. Wait for rates to go back down before shopping for a home.