Should we buy a house that's quite pricey?

Hello, I came here for consultation. My wife and I don’t have traditional salary jobs, but we have a new business that’s doing great. We want to purchase a house that’s worth $450k in South Florida. We’re going to put down $165k. We don’t have any debt, and our cars were already paid off. After the down payment, we still have about $160k in savings and $27k in retirement. We’re still in our mid-twenties, and our business is only 3.5 years old but last year we netted $425k. I think we’re headed toward that direction this year too. This is going to be our first house, but we just don’t know if it’s a bizarre idea to buy a house that’s so pricey. Your input about the matter will help a lot. by msloan818 from null, Florida. Jul 25th 2022 Reply