Payments, etc.
It’s like the well off parents knew the kids couldn’t afford housing here and keep a wife at home to raise kids AND still buy a decent size house.
It isn’t uncommon to hear of people getting $100-200k+ help from parents as a “down payment” for their kids.
Many different ways to do it. Most as a gift, some ask for some or all of it back. So when they gain equity and move to a larger house, if they made $200k, they would give the amount back to the parents.
It’s actually kind of funny because I know of several examples that I have heard from the parents side and then it’s funny to contrast the kids lifestyle trying to look like they are living it up.
People just a bit older than me who bought in late 90s got some really really good deals. Almost half the price of my home and twice the size plus much less property tax.
Am I bitter? Yep, super bitter! Wish I timed it better.