<prompt> Human: Ill be attending graduate school in Dallas next year, and I was wondering if it would be a wise, or foolish choice to purchase either a house or a condo. My main argument from purchasing is the rent in Dallas increases every year. To rent a one bedroom apartment costs more than my parents mortgage in the suburbs of Dallas. My financial situation is as follows. Debt:Undergrad loans subsidized and unsubsidized 15,000Credit Card 2,000 never had a late payment but high utilizationProjected graduate school debt 120,000 before living expenses.Income:For right now until August 1,200 a monthProjected income after graduation starts at around 120-160k.SO projected income through grad school 65-80k.I have the ability to also take out 25k in living loans a year, though Id like to keep that as low as possible. So my questions are, Is it possible for me to get approved for a condo? Or will I need a cosigner.Is it a wise investment to purchase a condo seeing as how Dallas is projected to keep growing for the next several years?Thanks you  <response>: Its unlikely youll even get a loan. And yes, its a bad idea. 