You can buy a house anytime within the first five years that you have owned it. The best time to do this is when you are in your mid-20s and just before retirement, but generally speaking, the earlier the better. If you have money set aside for an emergency fund, then buying real estate might not be such a good idea since mortgages require significant down payments. However, if none of these issues applies to you or if your emergency cash reserve is significantly less than 6 months’ worth of expenses (which would also include mortgage payments), then go ahead and invest in property even with little cash on hand!
How much should I spend?
This depends entirely on where exactly you live—the more expensive cities tend to offer higher prices per square foot; some areas around Boston cost $1 million per square foot while others cost under $250K/sq ft due to high land costs (read more about land here). And beyond price per square foot there are other factors too: location, proximity to proper amenities like schools, restaurants and shopping centers will all affect price dramatically depending upon which neighborhood one lives in. After considering all these factors along with tax breaks available for homeownership through government subsidies for low income families as well as mortgage interest rates charged by banks at different points during life cycles throughout various stages of homebuying process—we believe that prices vary between $100K-$200K across major cities. Therefore we recommend spending no less than