I was a young, 22 year old man thinking about buying my first home.
I was on my way in a career while attending college. It was my "back up" career, being an electrician. I had started working as an electrician at age 16 for Ole's Home Centers. I started out making $5 per hour, not bad as minimum was $3.35.
After high school
I found myself in tremendous credit card debt, I believe it was as much as $1,500. I needed to make some real money and fast, I went back to being an electrician between my college classes and night job as a doorman.
By age 22, I had been "turned out" as a journeyman service technician
I took to electrical contracting and was good at it. By the time I was age 22, I was running my own truck, had an apprentice and was making about $42,000 per year, far better than the national average income and excellent for a young man.
I wanted to buy a house.
My brother sugested a new home as there was a new development going in where we grew up. We went to the sub division and met with the agent at the model. He would not "waste" his time showing me the model he said, "there was no way I could afford it".
I did not buy that home, or any other for several years.
He scared me away. I was just a kid, a kid with a really good job and who could have easily purchased that $100,000 home.