<prompt> Human: Since I graduated college 1 year ago ive been living in an expensive area for work. I am having a hard time finding any rent cheaper than 1800 a month for a 1 bedroom. Ive been looking at housing prices and see that I can get a small 3 bedroom for 500k. The area has a local college and a major company same as the one I work for so I figure I can find 2 people to rent out the extra bedrooms. Doing some quick calculations it seems that with 75k down my mortgage would be 2800 and property tax would be 700. So i figured I could split the cost to 1200 per person which would be significantly cheaper than rent in the area and I would be building equity on the home rather than throwing away money into rent. I think that even if i decide to sell in a year or 2 home prices in the area should remain strong due to the major employerNow about my current finances: I make 140k a year and have 120k between savingsstocks right now. Im single and my job is stable as long as I want to stay there. Am I crazy to consider this? I have no experience owning a home, but the numbers make sense to me. Am I missing something?EDIT: Seems like general consensus is dont do it. I think ill suck it up and pay the 2000 a month for rent for another year and see where I am at then  <response>: I would not split it evenly. Might as well take advantage of the market and charge market prices for a bedroom thus paying a portion of yours so you can save some money. 