There is lot of talk about renting a house is better financial decision than buying actually. I personally don’t agree, but considering the exorbitant rate of house prices in Tier 1 cities and also the increasing rate of interest for home loan, maybe renting itself is not that bad choice. What is your choice?
Everything else is temporary, buy vs rent (house) is permanent 🤪
It’s a new concept among Gen Y and Z, I don’t think the boomer and previous generations even wanted to rent a house for life. Infact they didn’t have a choice to buy due to lack of development and opportunities. Only current and future generations are confused with this question.
House will lose value after 10 years. Don't think of it as a investment.
Depends on the area where house is
Considering the crazy high rent these days(talking about localities in Bangalore), what makes more sense keeping aside the emotional aspect. Buying a house or renting one?
Side Note: I have looked at a calculator by Ankur Warikoo, but I...
Considering the ongoing debate between renting and buying a flat, I've noticed many financial influencers suggesting renting and investing in mutual funds. However, there's a strong emotional aspect to owning a house, especially post-mar...
One roof that one can call their own is absolutely a must. No amount of return can justify not owning at least 1 own...
I did the same thing that you are trying to do. This looks good on paper but lots of negatives floating around in rea...
Considering you pay 50L down-payment and take 1.5cr loan at 9% interest, monthly EMI is around ~ 1.3L = 15.6L yearly....
