To all finance influencers

Strongly disagree. For all non-financial reasons, go ahead and buy it. But considering the financial perspective, it is a bad decision to buy a home. Homes are overpriced. Land cost+construction cost barely cover 30% of the asking price. So you end up paying 70% extra as margin to the builder. Even on an ongoing basis, flat/appt prices in cities don't appreciate as much as Equities. Flat/Appt are illiquid and sell much lower than what you expect from Real Estate CAGR. Construction shows its age. Old Architecture and designs stay less relevant. On a personal finance angle, the high EMIs will be at the expense of other essential expenses. Eg: having another kid, their education, or even to open your new venture. 15y down the road, a 5Cr corpus with rented place is much better than your owned 4Cr owned house+1Cr corpus. Liquid wealth matters!

I also love to burn my money. My poison is Crypto

Same view. One YT influencer said that living in rented flat is better than owing a home. Strongly disagree considering emotional factor.

If one wants mobility then it’s doesn’t makes sense to buy house unless you have cash lying around. I do understand the emotional bit as I am yet to purchase a house and putting >1Cr or 1.5 because of emotion reasons is plain wrong imo. My circumstances might be different from others, I have my parent living with me and moving to different cities with me. Folks whose parents are not that mobile can think of make their base in a city. At the end of the day, it all depends on the situations and person is in.