Quote:
Originally Posted by AzNightmare
That already seems incredibly rare to be in your mid 20's with a house, and also didn't sacrifice and got to have fun with car stuff. I think you did really well. If you already have property and still able to have extra for fun, I think that's doing it right.
A lot of people out there are much older, with zero savings, an no property. Feel very hopeless of ever being owners and what little they do save up goes into fun, because like you said, it's hard to choose responsibility over happiness.
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Thanks, I appreciate it.
My parents were one of those people, in their 50/60s with no hope of every owning a home. Every dollar went to my brother and I. I'm fortunate that despite living in low income housing most of my life / food banks etc, I was able to experience cool sports in school (snowboarding, etc due to subsidies).
I left out a key caveat, I posted about it back in 2020 when we were looking to buy. But basically I own 1/3 of the house (on title lol). I pay for 1/2 the mortgage, but I definitely didn't contribute as much to the DP as my parents, but I guess that's why the debt is on me to carry.
In regards to happiness over responsibility, that's why I bought the Type R after the initial mortgage approval LOL. I was hoping to have paid it off by now, but it hasn't gone that way. Fortunately the loan is 3.99% which is pennies compared to the 5.29% that I just renewed my mortgage for.
While I know it's not logical to compare to my peers or even the people on RS, it's hard not to. But similarly, everyone probably has their own struggles that they're dealing with that doesn't get shared. It just appears that everyone is living the good life. Ironically, I've become the typical "look like I'm living the good life but under a mountain of debt" type.
Quote:
Originally Posted by teggy604
I see ppl renting closest and bathtubs for $600 a month. Which is ridiculous. I remember 2 decades ago I can rent a whole basement for that price.
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2 decades ago, an 01 ITR was $31,500. Today, the ITS is 56K. Pretty much adjusted for inflation (1.72), it's about the same cost.
Of course housing doesn't carry the same low rate of inflation.
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