Its simple man, if you got the money then go for it, do not compare how much you will save in the long term because buying a home is more of an emotion and a sense of security comes with it. If you don’t feel then renting is better
I had posted a poll on this you can refer that
It's simple bro. If you are paying higher rent, compare it with the emi you will have to pay ---> if the amount difference is 0 or what you can afford in your salary and you have savings to pay for down payment then go for the purchase.
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...
My family already has a house although there is some debt left which I had inherited and to an extent reduced it, now it is negligible when it comes to Monthly cutting. The only concern is that it's old and is small given the family will...
It is not the usual society rule, but I have had this longing of own house.
Childhood was spent I government house, adjusting with members of family.
Now I am earning fine, will have 20% of loan in liquid cash by end of year.
B...
Pro tip : If you are planning to buy house with 20 -25 years timeframe, AVOID... Job scenario is going to change dras...
