Where do you guys live/work??? The average house in my area costs $250k+!!! Damn, I can't see how you teens/early 20-something's can afford to be on your own and have a house. The best I can hope for is a dinky shed!

Assuming I'd follow what *most* people do, pay 10% down and not have the monthly payment not more than 25% of EGI at the current prevailing 30-yr. rate, then I'd make payments of $1,500 a month and need to make over $72,000 a year!!! Wherever you guys work and live, I need to mov there!