Forget sparkling diamonds - the most grand proposal gesture of all might also be the most practical!
ERA Real Estate surveyed 1,000 people in committed relationships and found that 50% of female respondents in their 20s would rather forgo a diamond engagement ring and put that cash towards a down payment on a house. (In fact, 18 percent of participants said they had already skipped getting a ring for this very reason.) Interestingly, there appears to be a generational gap with this perception: only eight percent of women in their 50s and two percent of women in their 60s agreed.
Furthermore, from those surveyed in the ERA study, 89 percent said their love bond was strengthened by buying a home together. With rising housing costs, socking away every little bit counts - according to U.S. Census data, the median sales price of new homes sold in the U.S. was $260,100 in January 2014 . Factor in an unstable job market, student debt, and another potentially huge purchase toRead More »from 50% of Women Would Prefer This Over an Engagement Ring