Another question: it makes sense to forego some money from investing in retirement and channel in to a house, correct? Right now, if I max out both tax shelters that would total about $14k out of a $42k income. Dude, I can save that much, but that leaves no money for a house. The way I see it right now, I'm burning $600/mo on rent. Just down the toilet it goes. Plus, I'm earning no rental income as I would be if I purchased a 2-3 bedroom place. It seems like I'm passing up on a chance to put $600 + ~$600 (in rental income) per month by not having a house. Wouldn't getting that house up and running be priority 1? Maybe not all money, but say max out Roth at $4000 and then saving the rest for a downpayment.

Thoughts?

Jamz