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[quote=Anonymous]You don't NEED to buy a house, you WANT to buy a house. Wait until after the baby comes and you have made some decisions re lifestyle changes (work, childcare, etc). Homeownership costs are more than just mortgage principal and interest, there are taxes, insurance, unexpected costs that always arise with a me home (new roof, new HVAC, etc.), regular maintence, potential HOA fees, etc.

Raising a child while working BIGLAW isn't easy, esp for a woman, I know bc I did it.  Neither is getting a new law job.  I love it when people say oh, I plan on getting a government job for work life balance, but then realize it is super hard to get a fed Job, there are hiring freezes, insanely long hiring process, etc. I think you like the $$$ your wife brings in  and that is all well and good but BIGLAW expects associates to work to partner, you can't be an associate forever, they will eventually find a way to get rid of you if you don't make the cut.  You cannot count on here high salary for a long period of time if she isn't committed to doing what it takes to make partner.   If your wife is already expressing reservations of working BIGLAW before the baby, then you are in trouble, as a couple if you don't address this now.

I wold advise holding off on all serious expenditures, whether it is paying off student loans or buying a house, etc.  sounds like you two have enough going on with a new baby, revisit it after baby arrives.[/quote]

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