When I moved into our present house, in 1983, we were in the lower middle class.
I had just lost my job at a weekly newspaper. My wife had just gotten work and, with her employer’s help, was going to grad school. We could barely afford the interest on the $44,500 we borrowed. Her dad gave us $5,000 down, but grudgingly. He thought we were wasting our money.
My new neighbors changed me.