<prompt> Human: As the title says, Im looking to buy my first house, I have a modest paying job which is about 3 times the amount of the mortgage, I have a decent deposit and want to move outHowever, I have no experience of living away from home, what are the costs expenses you dont typically think of, will I need a solicitor realtor?Assistant: Why do you need to buy a house to live away from home? Can you not rent an apartment? Buying a house at 20 years old and as your first living situation after moving out from home is a terrible, terrible idea.Human: I want to buy a house because renting is quite expensive and Ill lose a lot of money - my parents have both encouraged this  <response>: Well, your parents are wrong. It isnt that black and white. What happens when you bought your house, and then it needs a new 20,000 roof, a 7,000 AC unit, etc? Are you prepared to handle those? Are you making enough money that you will have a 6-8 month emergency fund saved up?Buying a house does work out well, but ONLY if you are stable, you are able to handle high incidental costs, and you know that your situation wont change. You will have to put down 20 plus all closing and small update costs, and even then you have to live in the house about 7-8 years to make buying worth it. You also dont have any experience. Listening to your parents would be like thinking to yourself, A Ferrari is a good car. So, I should buy it as my first vehicle! Youll be trapped if you ever want to move, go back to school, take a job further away, etc. 