Who else thinks that having to put down 20% to avoid PMI is too high?

I'm financing a home for $209,000 and am only able to put 10% down ($20,900) and that's because I'm selling my home and making a profit off of it. How on earth can people really save $40,000 + to purchase homes??? Maybe I could if I made $100,000 a year lol but like most people, I don't.
Update: I have good credit and buying this single family home will actually be cheaper than what I'm paying for my townhouse with condo fee and land lease, so it's not like I'm digging myself in a hole here lol
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