Do you think it's necessary to buy a house before Marriage?

China
July 30, 2008 9:08am CST
As a traditional Chinese, I do think so, since owning a house is totally different from renting one. But buying a house, even by installment payment, is really expensive in the city I work in. The cost of 1 normal house might need one's 10 years' hard working. It's really a big pressure for most of the guys esp. the newly graduates like me. I am thinking of getting married next year, but before that we still need to buy a house somewhere in the downtown... So what about you? What's your opinion on this?
5 people like this
22 responses
@curious888 (1213)
• Malaysia
31 Jul 08
A new house - A new house in India.
It depends on your financial capability and planning. If you can afford to pay the instalments every month, go ahead! Because after 10-15 years, the house is yours. If not, then rent a house, it's ok. It's not necessary to buy a house before marriage.
2 people like this
@rowantree (1190)
• United States
31 Jul 08
I had never heard of buying a house before marriage. Thinking about it, it's a good idea. I know the trend has been for single people to go ahead and buy their own home and not wait to be married. If you buy a house before you are married, then your wife doesn't get a say on the home she's going to live in. I see the pros for both decisions so I'd have to say it's whatever you feel comfortable doing!
1 person likes this
• China
31 Jul 08
Here, thanks for your comments anyway. Yes, every coin has 2 sides, it's really hard to say which is better between buying or renting a house.
@sweetyethot (1738)
• China
31 Jul 08
im sorry to say as a girl i think it's necessary to buy a house before Marriage.One of my girl friends told me once it feels bad to marry in a rented house.and i agree with her.I dont know why most of the young people may prefer to having an apartment in the downtown to building a traditional house in the countryside,or better,a villanette. to be honest ,im one of them.i dont mean you cannt marry the one you love unless he can afford the HOUSE.At least, that guy you are going to marry is working on this gradually and successfully.that's how i view this issue.As for me ,i insist a decent house before marriage. Sorry for the burden brought to you guys. And FIGHTING!
1 person likes this
• China
31 Jul 08
:) Thanks for sharing your thoughs. It's actually what my GF is thinking about, and I think she and I could work together and fight for a decent house/department. With you best and also hope you could buy/own a house soon.
• Philippines
30 Jul 08
Good day.. If you have the means why not. It's a good investment and more practical than renting. It's always better to start young to save, I know that Traditional Chinese are thrifty by nature because I'm also a Chinese. Good Luck. TOH SHIYA
1 person likes this
• China
31 Jul 08
Hehe, it might be a good investment years ago, I don't quite understand nowdays' China Economy any more. Now that I have a need, I think it's time for me to buy one. Thanks, and it's good to know a Chinese too in Mylot.
• United States
30 Jul 08
You should buy a new house only if you afford it. It's a great feeling to be owner of a house but sometime it creates a lot of problem in future while paying off the loan.
1 person likes this
• China
31 Jul 08
It's true. The interest is especially high in my place, ~ 30 % of the total installment payment. Couldn't stand it.
@aendzie (571)
• Philippines
30 Jul 08
this is one of my requirement. Our family has been renting a house, all my life..lol, [we had our own house in the province when I was 15 but after a year we sold it and decide to go back in the city.] so now, unfortunately, we're still renting. So I said to myself, if I will get married someday, my husband should have his own house, coz it's really hard not to have your own, it's better to start a family that is stable and no worries. Having your own house, buying some appliances and furnitures and of course having a stable bank account. have fun!
• China
31 Jul 08
Thanks. My Parents also own a big house in the uptown, which is some 400 kms away from me, I like it quite a lot and have spent most of my childhood there. I'd like to buy a big enough house in Guangzhou, the center of my province, so that my parents could come and live here when they feel bored living in the old house.But I think they love the current house too since they like the neighbours there.
• Romania
30 Jul 08
I think that it's not necessary to buy a house before marriage, you can rent one...it's the same thing. Nowdays is very hard to buy a house, I must work at least 20 years for buying a house...and even after 20 years I'm not sure that I'll afford to buy one.
1 person likes this
• China
31 Jul 08
Yes, it's really hard if it needs 20 years' working... I think nowadays' economic is not so healthy, not all people are living happily. The society shall be after all a big home for the human being, it'd be terrible if all beings are living unhappily and feel too much pressure. Just shape up, everything will be better.
@rsa101 (15497)
• Quezon City, Philippines
30 Jul 08
That is the ideal setting but in our present time it is really hard to acquire a good and decent house since prices are such an expensive one. When I got married I realized that if I would prioritize acquiring house I would not be married up till this day because of that. That is why me and my wife said that we have to start family before the house and we are happy living in a rented house. We still dream that someday we will be able to get one for ourselves.
• China
31 Jul 08
I think being happy is mosting important in the marriage. Really hope you could get one soon yourselves.
@Theresam (1181)
• United States
30 Jul 08
No I don't think that it is necessary to own a house. Many people got us into this mortgage mess because they felt the pressure to own a home. Save up for a downpayment ideally 20% and then make sure you mortgage is no more than 25% of your take home pay.
• China
31 Jul 08
Thanks for your opinions.It's still hard for me to make sure my mortgage no more than 25% of my payment, but I will try to save 10-20 % for urgent use.
@secretbear (19464)
• Philippines
20 Sep 08
hi andy! for me, its necessary to buy a house before marriage. its good to be prepared when building a family. but here, although it would be nice if there's already a house, its not necessary. the couple can stay in their parent's house if they don't a house yet. or they can rent a place, an apartment or a house. some would get a house with low mortgage. if i were to marry, i prefer that we get a house first before we marry and live together. i prefer to live a married life apart from my parents and his parents and i'd love to have my own house which i can decorate by myself.
1 person likes this
• India
31 Jul 08
In India, there is the system of staying with the parents even after marriage in the ancestral home. So those who want, can stay back. But of course buying a flat or house would definitely be better before marriage. Post marriage it becomes very difficult to save and indulge, both at the same time. Don’t you have any instalment schemes there? These are very helpful to young couples who are just starting life.
1 person likes this
@siZidni (1860)
• Indonesia
31 Jul 08
i don't own a house right now. but i think it's better if before got married i could have my own house. i would feel safer than today..
1 person likes this
@vicky30 (4777)
• India
31 Jul 08
I think about buying my own house outside the city before getting settled.Here the city life is very crowded.But outside the city it is very calm and we feel relaxed there.
1 person likes this
@KrauseHome (35517)
• United States
31 Jul 08
Well, the main thing a person needs to remember when considering buying over owning a home, is that you need to sit down before doing so, and write down the Pros and the Cons to doing so. If you have a Good secure job, and have the down payment, etc. needed to purchase something, buying is a Good way to go. The main thing though to remember, is if you end up unhappy you cannot just up and move. You are stuck with your purchase, so make sure you do your homework and research before making this Step as well. With todays economy, and home prices, this could be a Smart move if you can get something cheaper, but make sure you know what you are getting into as well. Owning a place is a Big dream for everyone, but if you are not prepared and ready, it can also become a Big headache as well.
1 person likes this
@Mirita (2668)
• United States
30 Jul 08
I think is a good idea to buy a house,so in 10 years from now you already own your own house and you don't have to worry about mortgage or paying rent anymore. You can apply for a loan and pay it in 10 years. If you are very young try not to have kids until the two of you are financially stable. The biggest expense that we all have is our mortgage or rent.
@Vladilyich1 (1454)
• Canada
30 Jul 08
No. I have been married several times. I only had one house before marriage. Sometimes it is more necessary to be practical whether it is more economical to rent or to have house payments when you are first married.
1 person likes this
@nengs10 (3188)
• Philippines
30 Jul 08
It depends on your budget and financial stability. If you have enough finances to support it, then it's better to buy a house and settle down. But if you can't buy one, it would be good to just rent a house first and save money. Buy the house that you want if you enough savings already. Kudos.
1 person likes this
@williamjisir (22903)
• China
20 Nov 08
Hello andyliuzn. Long time no see. As to this topic, I think that it doesn't have to get a house for a couple if they are not financially mature. But the other solution to this house issue to rent a house or you can buy one on installment. These days it has been broadcasting on the radio that houses in big cities like Shenzhen are getting lower in price. I also read on QQ website that there are some houses somewhere in Shenzhen that are being sold very cheaply, as much as ninety thousand, so cheap. It is because some people from HK bought them and now they want to live in HK again because of some unknown reason, so they are trying to sell their houses at a low price. Even so, the site says that not many people do not want to buy the houses due to their location or some reason like that. If I were working in Shenzhen, I am sure to buy one as it is so cheap. lol. I wish you good luck, friend.
@subha12 (18453)
• India
31 Jul 08
it is ideally good to buy a house before settling in. but the prices are going on just like anything. its the main problem as i think. for that acumulate money. rent a house initially and then try to buy with loan
• India
31 Jul 08
no i do not think so. you can safely be with your parents. that way your wife will get a chance to respect and spend quality time with them. just try out being in a joint family and see the fun.