<prompt> Human: Im a single 28 yo with an enjoyable job that has shown steady growth. 100k annual salary pre tax with 60k in savings. I have 1k in stocks, 6 ETH and a fraction of equity in a startup.The city I live in has experienced major growth over the last few years. The housing market has been booming. Im honestly unsure if its too high, or if it will ever come back down. The homes are flying off the market in less than a day. Total sellers market.I recently found a decent sized new construction 3br home for 400k on the less expensive, developing side of town. I think I can get 20 down by the end of the year and find two roommates to help with the mortgage. It would increase my current monthly expenses of 1k by 2-3x for 30 years.Does this seem like too risky of a move? Im worried this home will become more a liability than an asset.  <response>: I dont see the problem with buying something more reasonable, but I dont understand why you want to be a landlord and complicate all of this. This forces you to buy WAY more house than you need. Youre a job loss or a sickness away from being foreclosed.if you plan to stay single and childless, why not a condo or a townhouse in a cool part of town? 