<prompt> Human: So in the next year or so, Im looking to move to NYC with my girlfriend. Im 23, no debt with between investments, savings account, Roth IRA and 401K about 55,000 to my name. Shes 24 with some student loan debt I think around 15k and Im not sure about how much in savings. We currently do not live together.Looking around at apartments, it is hard to fine anything attractive for less than 1100 per month to rent and even that is way out in Brooklyn.Would it be stupid to say, buy something like thisIve never thought about buying a house before, but supposedly now is the best time to buy from what I hear. When I use the calculator on that website, for a 15 year fixed mortage and 20 down would make the monthly payment only 842mo. Much cheaper than renting anything similar and at the end of 15 years I have an apartment rather than if I rented for 15 years and had nothing.Am I missing something here?P.S. as I realize it is a big financial commitment, we are not going to move until at least one of us has a job in our field. The jobs were looking at are around 40k per year. Assuming one of us gets one and worse case scenario the other works 40 hours of minimum wage, thats still at take home of about 52k per year. I dont think wed be in much trouble payment wise. Is there something Im missing?  <response>: You should not buy property with someone who is not your spouse, or at the least your fiancee. 