In the past, in many cultures, it was customary for a newly married couple (typically under Age 25) to be provided with a new house, basically by parents. No mortgage.
This was a modest house, of course. But, it was still a place to live, and no mortgage.
This was in line with common expectations of “bride price” or dowry. But, instead of paying parents, people would give the new couple some starting capital, or wealth, in the form of a house.
A “house” in those days, for a middle-class couple just starting, might be a 400sf “Little House on the Prairie.” In urban areas, it might be an apartment (today condo) also of about 400sf. 400sf might not seem like much, but it is adequate for a family of four.
For a detached house, it was probably common for parents, and the groom, along with family and friends, to build the house themselves.
What might this look like today?
Basically, a 400sf condo today, in an urban environment, or a similar detached house, should cost about $120,000. This is about $300/sf (woodframe walkup construction) X 400sf.
$120,000 is a lot, but it is an achievable amount, particularly if a similar sum is not expended on college education — or a $40,000 wedding.
I have a friend who bought some land. He is going to build a house there. Basically he will build it himself, with the help of some friends who are specialists in electrical, plumbing etc. Probably, you also have some friends who can do this. (I do.) It would make a nice wedding present. You pay for the materials, and they contribute their time and expertise.
Cornerstone 