<prompt> Human: I am 21 and make about 45k a year with a steady raise of 3-5 a year. My Fiance 20 is going to school full time and working part time making about 14k a year, but once she gets into this program, her hours will be cut so her pay will be even lower. My only bills right now other than housing is 250 a month for my car, about 75 a month for gas and 900 every 6 months for insurance, she has no bills. She is planning on moving in within the next 6 months, but we want to figure out where is the best place for us to live, which leaves us with three options.Option 1. Continue living with my grandparents where I am now for 400 a month. I stay in the basement with a bedroom, living room with fireplace and a bathroom. Only issue with this is the bathroom has the laundry room and the back door goes through the basement so there is constant traffic through there from my grandparents. Option 2: My parents own a house on the water and across the street they have a huge garage and are going to turn the upstairs 900 sq ft into an apartment to rent it. They said they would rent it to me for 500 a month plus some of the electric bill. This will consist of 1-2 bedrooms, bathroom, living room, dining room, kitchen, and a balcony outside that will have view of some of the water. It is a little bit more money, but it will give us complete privacy.Option 3: The last option is to just buy a starter house. We both have quite a bit saved up, 50k combined that we could use as a downpayment but would like to keep some of it in savings. This will give us our own place and can control everything about it. The downside to this is for the next 2-3 years we would be living off of just my paycheck, and if something was to happen at my job and I lost it, we would be living off savings until I could get another job.We are looking to stay somewhere for the next 5 years, as by that time we hope to have a child and possible a second one coming shortly after. My fiancé will start at about 30 an hour looking at averages once she gets a job after she graduates so at that time we would plan on looking to get a house to be in forever if we choose option 1 or 2. If you guys have any advice on which option would be better or which you would choose if you were in my situation, I would like to hear it. Thanks!  <response>: Almost no 21-year-old should buy a house. You have too many things about your life that could make owning the house a liability, including the desire to move somewhere else for career reasons. Its also usually a problem qualifying for a mortgage at 21, depending on income history and credit. And you are talking about buying a house jointly with a student you are not married to. So I think you pick option 1 or 2, depending on what you like better. We cant tell you that. 