<prompt> Human: I am a single 24 year old male about turn to 25 in November that has lived with my parents my entire life. From 18 to the present day I have lived at home while going to schoolworking. The bad part: my parents house is 35 miles away from my work and the commute is taking its toll after 2 years of doing this. All of the miles on my car and the cost of gas is pretty bad too. The great part: They charge me 150 in rent a month so I have been able to save a ton of money up. Roughly 2.5k a month goes into my savings account.A quick rundown of my situation: Bachelors degree in computer engineering and a masters degree in computer architecture and design. 85.6k a year job as a computer engineer. Ive worked here a little over 2 years. After bonuses, SPP, and various cash awards from the company I probably make about 93.5k gross a year. For the purposes of this post I am only considering my base salary in my calculations. 85k in savings. If all goes as planned this should be around 95k by the end of the year. This would be going to house down payment and emergency fund. No car payments. Two cars: 1991 Z28 Camaro and a 1998 Ford Escort. The Camaro is only driven maybe 3000 miles a year if that. No student debt. No credit card debt. Ive been saving 20 to a traditional 401k since around this time last year. I imagine I will need to drop this to 15 when I move out of my parents house. On my parents insurance for free until I get kicked off at 27. I pay almost nothing to see a doctordentist. 770 credit score With my current 20 to 401k and 5 for SPP I take home about 3350 a month after taxes. Could be pre-approved at 375k.I am looking to live on the west side of Portland Hillsboro, Beaverton, Forest Grove, etc because my job is located there. Even if I do leave this company pretty much all of the technology jobs in Oregon are located on the west side of Portland or in Portland. I plan to live here as long as possible - my whole life if I can pull it off. That coupled with the fact that I have a lot of big items that wouldnt fit in an apartment large toolbox, two cars, a mountain bike, it doesnt seem to make sense to blow 1500 a month on rent to have to leave those items at my parents house. Buying a house seems to make sense from all angles - especially when housing prices have only been increasing steadily over the past 5 years here.The only problem is that houses Im looking at are more expensive than what fits in the rules proclaimed on this site. 3X my annual salary would be about 260k. Good luck finding a house that isnt a fixer upper built in 1977 for 260k around here. An updated single story, 1200-1400 sq ft house with a 2 car garage and a decent size yard is going for about 350k. Assuming I went with a 30-year conventional 8020 loan, Im probably looking at about 1600-1800 a month with taxes and home owners insurance to buy a house around here. I plan to eat out at most once a week which I follow now and only have a cell phone and internet, so I imagine I should be able to pay utilitiescar insurancegasfood with 600. That would put me at around 2400 a month just to clear all of my bills at the worst end of the spectrum. Roughly 900 would be left for savingsfun moneywhatever.Am I crazy to think that this seems do-able? What other options do I have when rent is just as high if not higher around here? Ive toyed with the idea of renting out a room in the house if I bought one too but I dont want to go into the house assuming this money will be there.  <response>: For reference my home loan is 280k: payments, insurance and taxes 2 come out to 1850mo. utilites are about 300month with the occasional 500 in the summer. I put away about 5k a year in savings just for big issue upkeep on the house. Roof every 20 years, major fucktastrophe every 10 years, appliances every 7 years, HVAC every 10 years, If this stuff lasts longer, great, if not, I gotta dip harder. in the 3 years Ive owned this house, Ive had to replace 5 tiles in the kitchen floor, got flexing floor in my bathroom that i need to take care of, had to add insulation to the attic, lost a water line in master bathroom, entire sprinkler system took a shit, Lost 3 oak trees and 2 pine trees to beetles 500 a pop to have them fallen, gutter downspouts had to be replaced, and ceiling fan started wobbling the support loose.And this was a completely renovated house to start with. Save more and wait, or buy a fixer cheap and get shit done right. 