Ok so this is a rough market.

Interest rates skyrocketed leading to the start of a drop in home prices. So now if you buy you’ll be paying a high interest rate and can expect to lose a lot in value in the next 1-3 years.

This is one of the sharpest increases in interest rates since the late 70s.

I’m not saying to wait until rates are back to 4%. Back then it took like 5-10 years to return to pre hike levels. But I do think it’s good to wait a bit for prices to drop a bit. You’ll likely get a higher interest rate but I’m hoping rates stabilize in the next few years (I doubt it’ll be 2% soon but maybe sub 5% in a few years). So you can eventually refinance but don’t expect to be able to do so in the near future since you’ll have no equity.

So… financially speaking, I wouldn’t rush to buy.

However, the converse is that you need a home anyways. If you want to buy something that you’ll definitely inhabit for 10+ years, you can go for it.

I’d still recommend renting for a bit. Be on your own and live free a bit.

Very impressive at that salary. I imagine at 18 you earned less.. good for you!

Why is services worse than industry? I don’t understand lol. If corporations are making money off the backs of laborers isn’t factory work more like historic slavery than a San Francisco developer making $280K?