Dh and I made a decision long ago that we would never rent a house, much rather be paying off our own rather than someone elses mortgage and we never have unless it's been through his work. We stayed living at home as long as we could.
We both always worked fulltime and worked hard in good paying jobs. We bought our first house for $89,000 13yrs ago. We saved and paid cash for a block of land a few years after. A few years after that we bought a second house for $320,000 which we had rented out in a mining town so we got good rent return.
We then decided we were ready to start a family. We then sold our first home and made hundreds of thousands from the sale.
We bought a large boat, a small boat and 2 brand new cars and a camper trailer. Have over $500.000 in assetts we own.
We have no debts whatsoever apart from a mortgage of less than $300,000 which we manage easily. We are just about to buy another house as an investment initially, this investment is costing us $700,000 but the rental return is huge!
Had we had kids earlier we wouldn't be in the position we are. We agreed we would set ourselves up first and we did! It means our kids won't ever go without anything like I did when I was a kid.