I’m having this conversation with my D and future SIL. They both graduated with Engineering degrees, no debt and good jobs. They will live in a relatively low cost area. I recommend they rent for at least a year not so much from an economic standpoint but rather newlyweds need time to get to know one another and what they want in a home. They are in a unique situation in that if they wanted to they could probably rent a nice but modest place and bank the money to pay cash and never have a mortgage. Most of the first several years of a mortgage is interest anyway and the cost of a home is so much more than principle and interest. They are both pretty frugal but I don’t think they like the idea.