Yes; we can afford it; my wife is also working.

Thank you for the inputs.

I wasn’t being clear; apologies! Other commenters were also confused, so I edited the post for clarity.

I don’t know enough to understand how sustainable the current growth is. How do I research this subject?

Yes, we are planning to stay in the community long term.

Yes correct, will rent the new house.

Our thinking is that buy the house now and rent it out. If things go wrong with my work, we have something to fall in to.

Correct.

No, we cannot rent out the house from my employer; we will rent out the new house.