Its not quite 40%, and 3k buys you ample space. I had a studio for 1800 in hayes valley ,which is one of the nice areas of SF. And even in your calculation, me

Its not quite 40%, and 3k buys you ample space. I had a studio for 1800 in hayes valley ,which is one of the nice areas of SF. And even in your calculation, means that after 4 years you can do the downpayment. Its not unreasonable for house prices to be where they are in that calculation.