Not quite at that level of downpayment but getting close. Of course its taken me years of driving used cars and living in shitty apts. Get in the back of the line renterclint. You may want to own a house but your desires do not presage society’s need to provide it.
I realize that a good down payment is necessary because its a huge responsibility (ownership). If you are not responsible or capable of saving a downpayment, how have you demonstrated the necessary financial maturity to own. At that point you are a partner in the ownership process.
Yes I do believe that loosening the requirements for finance have gotten us where we are. I also believe that tightening those requirements is exactly what will bring us back to sanity.
It is you that sounds pompous and entitled, not I.
