<prompt> Human: I make about 25,000 after taxes. I have regular pay increases based on hours worked, and recently got a promotion that doubles my pay rate when Im supervising which isnt super often, so my annual income will likely be higher this year.I have 7,000 saved up and currently only pay my phone bill 100month and car insurance 800yr and 100month rent to my mother. Almost all my leftover money gets saved, so in a few more months I will probably have closer to 10K saved, maybe more.I am looking at condos in the 80K-100K range. Is this reasonable? Am I crazy to want to buy this young?My perceptions are that in 10-20 yrs the value of my property would very likely increase significantly. The area Im looking to buy in has had a steady increase in property values for about 4 years. Are my perceptions wrong?Is there anything else I should know before I decide to do this?  <response>: At this age I wouldnt advise buying anything.1. Buying a condo is not profitable, in fact for the first few years it is actually a loss because of the cost of purchasing it. Also, dont forget about condo fees. You need to live somewhere for a bunch of years before it is worthwhile. 2. Keep your options open. Are you staying in that town long term? Are there no better options elsewhere? 25,000 is good for 19, but not great for 25.3. You currently have cheap rent. Keep saving until you have a long term plan.4. Use the cash to get more education. Itll benefit you much more than a condo over the long run. 