<prompt> Human: Recently graduated from college. Just landed a secure job in Detroit paying 60k a year. I have no debtstudent loans. So Im faced with the situation of buying a house from a surrounding area or renting700-1200 a month. What makes the most sense for my situation? My proposed budget for a house would be around 70-120k.  <response>: You should rent. You may find that the job is not as secure, or as desirable as you currently believe. The same is true for the area in which youll be living. Rent while you gain experience with the job and location and revisit this question some time in the future. Youll probably want to save 15k-25k for a down payment anyway. 