Owning a house is a huge sign of #adulting for any millennial. And we caught up with one who managed to hit home ownership milestone before she turned 25. With hard work and pooling family finances, this Vancouverite was able to purchase a rental property in one of the tightest rental markets in the country. We had to learn how she did it, hear what it’s like becoming a breadwinner at 18 and how she manages finances with her South Asian family.
The interview has been condensed and edited for clarity.
This is How She Does it
Marital Status: Single
Life Changes: First-time home buyer
How do you manage your money?
What are your expenses like?
How did you decide to buy a house in the Vancouver area?
So you and your Mom own the house together?
What are some of the unexpected parts of homeownership so far?
There are all these maintenance things because it's an older house and it, things like that where you're just like, I can't save for my vacation because it's going to go towards the pipes that need to be fixed. There's always some it needs. It sounds really whiny and first-world-ish. But when you're like in your mid-twenties and your friends are all going out, and just like I haven’t gone anywhere, I’ve done nothing except saving money.