<prompt> Human: Hi All,We 2930 year old are looking at housing in San Francisco. I wanted to see what PF thinks we can truly afford.INCOME: 290,000 salary 60,000 bonuses 350,000 annual salary. I expect my salary to increase 100k in the next 2-3 years. I am not in an industry that would be effected by any type of venture capitaltech recession. DEBT: None.Savings: 300,000 cash. 200,000 in retirement accounts.  <response>: Just to pencil in the numbers assume you pay 5037; in taxes; that makes a take home of 175k. Or about 37;15k per month. If you accept the premise that your mortgage should not be more than 13 of your take home pay that would allow a mortgage of 5k. Which lets you buy a lot of house...anywhere but the Bay Area. For you guys, with the expectation of a robust increase in income, and a good baseline income currently, it would be reasonable to push to as much as 5037; of your post tax income. So, roughly a 7k mortgage. At 437; that means you could carry about a 1.4 million mortgage. And if you put the full 300k cash down, you could get into a 1.7 million house. Put that would be really maxing yourselves out and facing PMI. If you put the full 300k down, thats 2037; of a 1.5million house, and leaves you with a mortgage of about 6000. That seems more reasonable.So, a 1.5 million house. Good luck! 