I promise you not. Houses here cost $2M+ for something livable and $1M for something with mold and other safety issues.

When half that $50K gets taxed, half of what's remaining has to be saved up for retirement in a place that deeply discriminates against age, you don't have much left to save up for buying a $2M house.

You're not going to save up for a $1-2M house very fast on $7000/month, when you also have to live off that $7K, pay rent, pay medical bills, and save up for retirement expenses.