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[quote=Anonymous]We're getting married in 2024 both around 30 and I currently own a TH that I bought when I was 23 with a very low monthly payment relative to our income (about 6% of take home pay). It's near a good public elementary school, and we probably won't have kids for another few years, so there's absolutely no need to upgrade to a SFH for a long time. But I am feeling a sense of FOMO that if we wait until we actually need a SFH in 5-10 years, we will be priced out by then. I make enough money and have a few hundred thousand liquid for a down payment to buy a SFH in the low 1M's, but I'm also risk averse and am accustomed to a low housing payment. Also haven't decided yet if I would sell this property or rent it out when we move up.

What would you do in this situation where you are young, want kids and a SFH in the future, and are able to afford a SFH but don't need it right now? I'm afraid a 1M house will turn in to 1.5M when we are ready, so I am tempted to take the plunge.[/quote]

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