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Thread: "Marry me? buy a house for me first."
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[quote=PYGRANT,328981]After I married in China, my wife asked me to "buy a house" for her parents. I view the house as an investment. I bought a brand new "house" (a house in China is more like an american condominium) and her parents are furnishing it. In China, furnishing a house means a great deal more, it includes heat/AC units, sinks, commodes, etc., besides articles of furniture and window dressings. The house is in my and my wife's name, not her parents. So we got an immediate increase in terms of the 20% the parents spent furnishing the house. Additionally, the house increased in value from 3500yuan/sq.meter to 3700/sq.meter the first month we had it. Her parents are 80 & 78 years old, so they may live in that house paying only their utilities for a decade or even more before they have to move in with one of their kids, but I believe it's a good investment in both financial and ethical terms. I'm also going to start a post on this one.[/quote]
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