this post was submitted on 06 Jun 2026
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me_irl

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[–] Blum0108@lemmy.world 8 points 1 day ago (2 children)

Who has 120k lying around for a down payment?

[–] EndlessNightmare@reddthat.com 1 points 12 hours ago* (last edited 12 hours ago)

That's "only" (checks average income in the U.S.) 2 years of average income in the U.S.

Oh, and that's $120K after tax

[–] duckwingthegoose@lemmy.world 2 points 1 day ago

Someone selling a home they already own. I know thats not helpful to most, but thats the only realistic way to have 120k sitting around