Easily $100k for landscaping and home decoration + depreciation + difference between rent and buy = $300k very quickly. If the market crashes, the loss may be more.
Even if the OP can comfortably afford the house payments that’s $300k he’s have to work to pay-off. JWM put it very well. It’s future cash that he would otherwise have that’s going straight to the bank.
Now, a wife who nags and demands a house is useless. She needs to grow up. It’s not high school.
It’s much wiser to wait and buy a resale that is ready for move in. Like any major purchase you need to time it and wait for the big discounts.
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AN, in the coming recession you may not have a job to buy anything. I predict that the venture capital that fueled SD tech companies will dry up.
