<prompt> Human: I live in an area with high real estate prices. There is a program in my county dedicated to providing affordable housing. In some kind of arrangement with the county, developers select certain properties for the program and set the prices for these properties at roughly 80 of their market value. Only certain people can apply for the program, and a lottery is used if there are too many applicants. There is a 20-year control period that regulates how much I could resell the home at a later point. There is a property in the program that I would like to buy. It costs 411,000. Here is some info about me: Im 26-years old. I earn 75,000 per year. I expect my income to rise to approximately 100,000 per year within the next three years. My spouse is currently not earning an income while she takes care of our infant and finishes school. My wife is applying for jobs and should start working immediately after finishing school 9 months. I have high confidence that my wife will earn a starting salary between 75,000 and 100,000. We have approximately 80,000 in cash and taxable mutual funds. We have approximately 50,000 in retirement accounts. We have no debt and good credit. I have spoken with a representative from a bank that said they should be able to pre-approve us for a 30-year fixed-rate mortgage of 331,000 with 80,000 down and 10,000 closing costs. He estimates the monthly housing expenditure including taxes and HOA fee would be 2,200. My parents have expressed a willingness to loan us money up to 50,000 if needed.We would only consider purchasing this house during the window of time between when my wife receives a job offer and when she starts working. If she does not have a job offer, the situation would be too uncertain. Once she starts the program, our joint income will be too high to participate in the program.I feel like this is a great opportunity. Its a chance to live in a 500,000 house for the cost of a 400,000 house. I could easily imagine us staying in this property for decades. However, I would likely have to pull money out of our retirement accounts to make the numbers work. Also, there would be a significant crunch during the period when were supporting the mortgage on my income alone. In addition, if either my job or my wifes job dont work out, wed be in a very tough situation.Any thoughts?  <response>: Dont do it. 