It
came to my mind during a discussion with my friends when one of us was
planning to buy a house in far Central suburbs. His arguments for buying
a house were that it is for
investment purpose, and that it is a good case for a guy looking for
arranged marriage. This surprises me a bit. I agree that, just as it is
expected to have good education, job and salary, it is now required to
have your own house when you are looking
for marriage. The main reason for this is the ever increasing prices of real estate.
My dilemma revolves
around the same point – is it prudent to buy a house before marriage or
after marriage? Say, to become a better prospect, one buys a house. That
means at current level of his salary, say Rs. "X", he will be able to get a home loan of around 50 times "X"
and accordingly he will have to buy a house. But had he bought a house
with joint ownership and loan with his spouse, he would have got
a house either closer to city or bigger house in the same area.
Of course, I may not
be understanding the whole arrange marriage business as I have not
“dived” into it yet. Hopefully, I will be able to make the right
decision when the time comes.
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