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Reply to "What Can I Afford? Millenial Edition"
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[quote=Anonymous]OP, we make more than you and bought for 725K with 20% down. We rent out a basement unit so payment is about 2K. You are probably fine IF you do not have children. However, if you have kids, you will likely feel stretched bc childcare is so expensive, and if you have kids, you may not want to be locked into needing a high paying job. So given your age, unless you are deadset 100% sure you will never have children, I would either 1) buy something cheaper to give you flexibility if you do have kids or 2) buy something you would be comfortable having a long-term renter in to defray costs (like with a separate basement unit, not just a roommate situation.[/quote]
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