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WSJ Your Money Briefing

For Some Unwed Couples, Buying a New Home Comes Before Marriage

WSJ Your Money Briefing

The Wall Street Journal

Business News, News

4.11.7K Ratings

🗓️ 25 November 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

The number of unmarried couples who bought a house before they got married has risen by almost 50% from 10 years ago, according to a WSJ analysis of Census Bureau data. Reporter Dalvin Brown joins host J.R. Whalen to discuss why some couples are choosing practicality over tradition.  Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

exchanges the goldman sacks podcast featuring exchanges on rates inflation and u.s recession risk

0:12.1

exchanges on the market impact of ai for the sharpest analysis on forces driving the markets

0:18.8

and the economy count on exchanges between the leading

0:22.1

minds at Goldman Sachs. New episodes every week. Listen now. Here's your money briefing from

0:34.1

Monday, November 25th. I'm J.R. Waylon for the Wall Street Journal.

0:41.4

You know the saying, first comes love, then comes marriage?

0:45.2

But for some unmarried couples, it's first comes love, then comes a mortgage.

0:51.6

You know, rising rents and interest rates have created a sense of urgency for them.

0:56.8

They say, hey, I have $50,000 saved today.

1:01.8

That may not take me as far if I sit and wait.

1:05.1

So they are jumping right into buying the home together before they even gotten engaged.

1:10.7

We'll talk to Wall Street Journal reporter Dalvin Brown.

1:13.3

After the break.

1:22.3

TNB Tech Minute gives you the day's top tech headlines, featuring newsmakers that shape the tech world and beyond, like OpenAI CEO Sam Altman.

1:33.9

The two things that I think will matter most over the next decade are abundant and inexpensive intelligence and abundant and cheap energy.

1:43.1

And if we can get these two things, then it's almost difficult to imagine how much else we could do.

1:49.6

Check out TNB Tech Minute in the Tech News Briefing feed from the Wall Street Journal.

2:07.7

Some unmarried couples are holding off spending on a wedding. Some unmarried couples are holding off spending on a wedding and instead putting their money toward a down payment on a home.

2:11.4

Wall Street Journal Personal Finance reporter Dalvin Brown joins me.

2:16.3

So Dalvin, first comes love, then comes a mortgage?

2:17.9

Exactly.

2:25.3

More and more couples are skipping the traditional path of engagement, then marriage, then buying a home,

...

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