As someone who just recently bought his first house, it seems unrealistic to have saved up that entire amount within any kind of reasonable timeframe. Obviously

As someone who just recently bought his first house, it seems unrealistic to have saved up that entire amount within any kind of reasonable timeframe. Obviously, you should buy a house (and other things) that is within your means, which is more what the housing bubble was all about IMO. But I do agree with your general premise.