<prompt> Human: Im 25 years old, have a decent job and career path, and live in the city. My parents and family are relatively insistent on me buying a house now, and I am wondering if its actually even worth it when I am so young.As for my financial situation, I definitely do not have 20 to put down on a house. It looks like the most I could realistically afford is a modest 120k studio condo which do exist in my city. I have no debt, I am accumulating savings, have a stable 401k, and have an emergency fund, but nothing really remarkable past that. I would need at least 3-5 years to feel completely ready.I told my parents I do not have 20 to put down. They said they would be willing to loan me the remainder that I would pay back to them with virtually no interest. Im a little baffled that they are so insistent, and I know they must know better than me, but I am wondering what the actual benefit is.My main concern is that they are basing their decisions off of what they have come to know, which is far more suburban than my lifestyle. The closest they have lived to a city is a 1 hour drive away from it. When I talk to them, I feel as if there is some sort of disconnect from their expectations and what I know to be true. As a simple example, they expect houses to sell below their asking price, which is never true where I live. If anything, they sell for _significantly above_ asking price, usually 20k more.On top of that, it just feels like houses are in low supply and extremely high demand. This might be a result of immigration or something, many people come from outside to US to my city for its education. Whenever I visit an open house, they say it will be sold by the next day. This gives me pause; I feel like I will just be overcharged and, if I wait it out a bit more, I might get a better chance.Sometimes I wonder what they point is in even really buying a house. I am a single guy, its not like I am getting married anytime soon, and I have no problem living in a cheap little apartment if it affords me convenience and leniency. Should I buy a house now? It seems a little too serious for my current situation.  <response>: You absolutely should not buy a house unless you want to buy a house, being a homeowner comes with a lot of responsibility and headaches. Dont listen to your parents, if you are perfectly happy renting there is no reason to buy. 