Katones, that's GREAT that you have a plan! I agree that it sounds wise to pay off some of your debt before accumulating a big one like a mortgage. And if you have a plan, then sitting tight while you pay off the debt won't seem so depressing! Looking forward to following your story!

CD, there's a thread I recall in the past that is about buying vs renting, it's worth checking out. I used to be all in favour of renting, but now we are about to buy our first home (wheeee!), which one day I imagine we will own, and I am loving the idea of doing whatever I want to the insides and outsides, planting trees that I know will grow and grow until my children can climb them, or eat fruit off them, painting a wall or putting hooks wherever I like, and having the peace of mind that I can sit put for the next 20 or 30 years if I choose with no landlord to kick us out. For some people renting is clearly their best option, but for others buying is best. Sounds like renting works really well for you though and that's great!