<prompt> Human: My wife and I are expecting our first child. We currently live in a 1 bedroom apartment in the SF Bay area and Im not sure how long we can last in that place with a newborn. Some background info: We make roughly a combined 270k gross income annually. We recently got married early this year, and we aggressively paid off a lot of our debt the last few months, leaving us with just about 10k in the bank. Our rent is fairly cheap compared to the current market price at 1450month. We do have IRAs were able to pull from too, but Id prefer not to dip into that.My issue is there are a lot of the home prices here in the Bay Area particularly Oakland that are hitting all time highs. Initial calculations have us affording a house around 500-600k...but that doesnt give you a lot of options in the neighborhoods with low crimegood schools. The original plan was to save up for another 12-18 months and have at least 20 to put down, but looks like that time table may need to be pushed up. I dont want to rush into buying a house thats over-priced, or having to pay 3kmonth to rent a house...but I dont know how long we can stay in our 1-bd apartment. Any advice out there?  <response>: My son slept in a portable crib for the first year of his life in my walk in closet. It wasnt ideal, but it worked for what we needed at the time. If you think postponing a home purchase for a year will make that much of a difference in what you can afford, I would do whatever it took to make it work where you are for a while. 