While my experience might not be typical, 25+ years of chasing work (strongly) suggests that purchasing a house is NOT a good thing to do if you cannot change j

While my experience might not be typical, 25+ years of chasing work (strongly) suggests that purchasing a house is NOT a good thing to do if you cannot change jobs without changing locations. Otherwise, getting laid off mean selling your house at short notice, often in a declining market, ... So, if you are highly sought after in the valley, or Austin or some other secure technical area, go for it. Otherwise, keep the strengths and weaknesses in mind as tenants.