Then you shouldn’t be stretching to buy a house if your job is that unstable, right? Can you afford a $1400/month payment on a house when rent for a 2bed/2bath apartment goes for the same? You can get roommates, $300/room/month, that’s $1200/month. Then work at McDonald to get that extra $200/month for mortgage. Or rent out your living room for another $200/month. My point is that, if you lose your job and have no saving to keep you afloat for a year, then you shouldn’t have bought that house in the first place. What would you do with rent if you have no saving and lose your job too? Fundamental is still fundamental. We can deviate from fundamental for only so long before we revert back to it, be it above or below fundamental.