- 4 years ago
- Wedding: May 2015
I am currently engaged and will be getting married this year (in Sept). I will be turning 28 years old in May and my fiance will be turning 30 this year. We are both working and also completing our accounting designations (CPA).
We have been dating for 10 years but we never lived together. We decided that we will move in right after the wedding. The dilema that we are currently facing is whether to rent or to buy.
At first, we wanted to purchase a revenue house but we haven’t seen anything good on the market and the prices are high. Any place that we would choose to buy would require renos as well.
This year is exceptional since I will be graduating, fiance is starting his program. I will also be looking for a new job and we are planning a wedding.
I came to a conclusion that it would be best to rent for at least a year and then decide what type or property, location, etc we want to live in. I think this year is just too overwhealming with all the activities that’s going on and to add a renovation job and a house purchase might be too stressful on our relationship. <br />Fiance, sees renting as “throwing away money” and not actually going towards equity of the house.
I also like the modern, renovated style apartments and location is important to me as well. However, those cost more money…
What are your thoughts? Have you been faced with a similar situation a few months before your wedding ?
Thanks for your help!