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I mean.. move and work from home? Or sacrifice some of the retirement savings to get a down payment? Or wait for the market to crash?

• JMTQp8lwXL 7y ago
  When the upper incomes begin to see affordability issues, you have an unhealthy market. I like life with minimal use of a car. Urban areas areas are far friendlier to a car-free lifestyle. Also, homes in the surrounding suburbs aren't that much cheaper to meaningfully change the numbers. Another 5 years of savings should do it. So, 10 years to come up with just a 20% down payment. I'd rather not compromise my future by foregoing retirement contributions.
  • nradov 7y ago
    Building real estate equity is essentially a form of retirement fund contribution.
    • sjg007 7y ago
      Yes and you can take a loan out of your 401k for a down payment. If the appreciation works in your favor, refinance and pay yourself back in a few years.