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To: newbie2008

The link has a video and here’s what you’ll learn from the two (El Salvadoran) kids who speak there:

Their dad “immigrated” from El Salvador and bought the family a home in less than 2 years. Both of the kids recently bought homes here in the US —the location is not disclosed. The girl is 20 years old, and the boy looks about...25 years old.

Their dad advised them not to buy useless things, and instead to buy a home.


13 posted on 10/25/2009 11:06:05 AM PDT by gaijin
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To: gaijin

The other day on KSFO radio in San Francisco, they had conservative author guest, and he related the case of an illegal alien berry picker whose annual income was $16,500 and bought as house priced at $750,000.

This was about one year ago.

So that would make for a person who devoted EVERY dollar of income to paying off the house (without interest) for fifty years.

FIFTY YEARS.


17 posted on 10/25/2009 11:09:27 AM PDT by gaijin
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To: gaijin
Their dad advised them not to buy useless things, and instead to buy a home.

Let's see. $283 a week, with a (paid for) used car, should leave enough to get by with the house paid before the $283 a week.

There are people paying all their bills on $400/wk out there.

It will only work if she is frugal, does not spend money on things she doesn't need, and lives a no frills life until she is making better money.

Not everyone has a big screen TV, high bandwidth internet and the latest techno-stuff. Staying a level or two behind the latest stuff is far more affordable.

28 posted on 10/25/2009 11:30:29 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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