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> if the average person can save 10% of their income, it takes 8.8 years to save a 10% down payment Not according to this article, where it mentions the averag

> if the average person can save 10% of their income, it takes 8.8 years to save a 10% down payment Not according to this article, where it mentions the average household income, not the average per-capita income. So you can expect it to take quite a bit longer than that to save for that down-payment, for the average person.

dzhiurgis 4y ago
Sun article half year ago said 27 years assuming no price change
sgt 4y ago
Then the average person just needs to leverage some pre-existing wealth. Sell some property that you already have, make a decent profit! /s