It’s 25 years since singer Jimmy Buffett recorded Fruitcakes, an irreverent song about life, with lyrics that included these words:
“Relationships…we all got ‘em, we all want ‘em…what do we do with ‘em?”
Cohabitation is more acceptable now than it was then, sometimes even for the most practical of reasons.
For example, jointly buying a house or condo brings affordability into play…
You can split the down payment.
You can split the mortgage payments.
You can split the maintenance costs.
The relationship can be platonic, or romantic, and when you have two incomes to qualify and maintain all of the housing costs, it broadens the market that you’re going to search.
There’s really only one thing you don’t want to split.
The partnership.