Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

I earn $75K, have $30K in savings, no debt, rent from my parents who are losing their home. Should I buy a home now or save?
This solution obviously wouldn't work for everyone, and is contingent on the circumstances of your parents' finances with regards to their house, but...  Have you considered buying your parents' house?  This way your parents' desire for you to get a house as an investment would be satisfied, they wouldn't have to worry about losing their home, and you might even be able to work out a financing/rent deal that is beneficial to everyone involved.  There are definitely fewer costs going this route anyway, for instance, your parents won't have any marketing costs associated with selling the house and could pass this savings along to you.  Also, having lived in the house for a large part of your life you will also know what you are getting in to.