Big mistake in youths these days,

they ASSUME they will get promoted and raise in the near future.

TS, don't look at other youths and see their ability to buy in prime area, you also wanted to follow them. Different youths different case. I bet only a few % are truly HONEST and/or frugal high earners at their early twenties. Many should have "backup" by their parents.

btw, its useless to scrape high and low to bypass downpayment and get 100% loan. If the house is completed, $$$ has to be spent for renovation too. What's the plan by that time? magnum or toto?