Buy or Rent ? The FINAL ANSWER.
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- Опубликовано: 1 июн 2024
- Are you trying to decide between buying or renting a house? You're not alone! This is a common dilemma faced by many people. However, with the rise of social media influencers, it's important to be wary of half-knowledge when it comes to real estate advice.
In this video, we'll dive into the pros and cons of buying vs renting a home and dispel some of the common myths perpetuated by influencers.
Don't fall for half-truths and misinformation. Watch this video to get the full picture of whether buying or renting a house is right for you and how real estate also can be a solid investment option for your financial future.
Watch this video to know how Real Estate prices are rising - • How Corruption is Infl...
00:00 - Introduction
01:26 - How did it all start?
03:19 - Truth nobody tells you about buying a house
04:55 - Right time to buy a House
06:48 - Buy a house in less than 10 years!
08:02 - Reason you can’t buy a house by investing in stocks
09:41 - How can you earn money by taking a Loan?
12:11 - Watch this before you invest your money
14:45 - My Capital Allocation strategy!
15:47 - Conclusion
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My experience
I was in rented accommodation for 8 years 3+3+2 yrs at three different flats. Most problematic was shifting. I had no problem but I had to shift because owner wanted to sell it. Then I purchased the flat where I was in rent. Didn't have money for downpayment, so took 100% loan. Now my ~40% salary goes to EMI, a bit financially stressed. This is a 15 yrs old flat and after 20yrs loan period it's resell value will be nothing. But still I don't regret it. This is not an investment but I have bought peace of mind, I don't have to shift, my wife can hang a fancy wall clock wherever she wants, can install an AC and needn't take any permission to make an hole in the wall.
Well said.
Even then after apartment will go for redevelopment, will give you returns..
Can you let me know how you took 100% loan? I thought you need 20% down payment.
Great video sir
With every EMI you gain a little bit more equity and ownership of house. Thats a great peace of mind which money can literally buy ))
But if you have extra income like bonus or some other gains in the next few years, consider repaying a substantial portion of the principal component of loan. Then your emi will reduce - and wishing you salary also increases a lot more, best
Rent/Buy depends on your life partner ❤
Stay single 💪🏼
@@yeeeeeyy Kab tak single rahega .virgin hi Marege kya 🤣
@@yeeeeeyy everyone says this until they fall for someone lol
@@yeeeeeyy Kuch saal aur, then you will also feel the importance of your partner ❤️
@@parijatttt.exe. this shows that you are very weak and fall easily for someone
To keep up with rising cost we are beginning to see the equity of our home for what it truly is, Its becoming hard for us seniors not to ask the obvious question: Should we cash in, invest the money, and rent?
Very true, people downplay planners role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license-fiduciary advsors.
Thankfully, I came across someone of practical knowledge, and decades of experience, I liquidated 200k of 325k from my 401(k) it has yielded nearly 1 m after subsequent investments so far.
@Purvis can I get a referral pls?
LOREN LENA WALKER is the CFP responsible for my portfolio success, lady is in her 60s 0r 70s and has a private client base you can confirm her yourself on the internet, regulation an all.
@@PurvisTwiggs I did some findings on her, she really seem to know her stuff. educational background, qualifications was really impressive. Kudos and thanks for sharing. I left her a note and booked a consult.
*Bought a home few years back with a emi of 24k. Constructed 2 shops in front with rental yield of 8000. Given the upper portion on rent on 4000. 50% of emi is coming from home itself. Your first property should be a house & second one would be commercial. Always calculate the return before buying 🙏*
I bought the house 7 years back and now am loan free and blessed ! Home is important
1 bhk?
That’s because you are lucky
Kitna kamate ho bhai?
3bhk... Let both partners earn and enjoy life... Come out of traditional Indian couple concept where only husband will work...
@@amreshhalder5056 1 lakh per month is minimum limit to live properly in a tier 1 city...
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stock portfolio
Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.
Yuval Eric Brokman..
search his full name.
I looked him up, and his credentials and resume are excellent, so I can see why he's booked up. Nonetheless, I scheduled a consultation with him
@@user-dl4rr5qs8y Thanks for sharing,found him on the internet.
I personally feel that buying and renting simultaneously is the right option. Buy where you estimate that the best capital appreciation can happen and rent where and how you might want to live. If someone is lucky, they might overlap and they will save a ton of transaction cost and gain significant freedom.
The major benefit of splitting these into two is that the options of properties you can buy increases greatly. For ex - I prefer to stay near my current office, where capital appreciation might not be great but I can buy a flat in my home town where possibilities of capital appreciation are much better.
I beg to differ a little.. whatever you said is partially right. While calculating the return on home, it is important to understand that it does not matter how much appreciation you get on your property, you cannot leverage it until that property is for investment purpose and you are not residing there.
If you are living there, it could give you 10X return and it still wont matter. And you will spend almost your entire youth under the burden of emi and fear of job loss.
Solution: Buy a piece of land in a remote area where land prices are extreemly low and keep staying in a rented apartment. You have to pay 1/3rd of the emi of a flat. And you could still save some money. After 15-20 years, build the home and live happily after retirement.
One more thing people forget is that every year salary increases around 8-10%, which brings down the EMI-Salary %. After 10 years the EMI becomes very small compared to salary. Whereas the Salary-Rent % remains somewhat constant.
Increase 8-10% a year? Which company is this?
Really?? Your company gives 10% hike every year?? Can you please name it?
Apple
And u forgot to mention
Every year repo rate is getting increased in same way
Within an 1.5 year it is 9% from 6.5 % * approx....
@@harshadfadadu9269lmfao repo rate goes down too
Honesty and Simplicity is a new "cool" bcoz of you Pranjal😊
Nice video
I live in metro city Noida
Let me list some more minus points of buying a house
1. 70K Emi means your income should be 3 lakhs per month (if you give 25% of salary in emi) . This is not normal generally.
2. Loan will create burden on mind. Fear.
3. 20 - 25K emi mei Metro city mei 2 BHK bhi mushkil se ayega.
4. Liquidity gone if you invest in House and you spend like a kanjoos.
5. After 20 yrs house will be degraded and you want to buy a new house.
6. If you change your job location you can change your home location easily if you are on rent.
7. Flat appreciation is less.
Pranjal Sir ne yeh sab cover nahi kiya becuase he wanted to pacify his own mind for buying the new house :P
Bhai Pranjal hero banta hai. Isko khud thikse kuch nhn pata.
@@rukshitkalvadia3695 kya admi hai re tum! Pata nahi yeh reply sarcastic thha ya you were serious!
@@rukshitkalvadia3695 han re vidwaan admi, tum apne khayali duniya mai jio. From your reply I can say either you haven't purchased a house or you don't have regards to money and time = you are rich
@@rukshitkalvadia3695 Mujhe kisiko explanation dene ka jarurat nahi. Jidhar aur jab dena thha maine de diya. Jo paisa and time ki kadar nahi karta mai uski kadar nahi karta. One of the Great Greek Authors, Euripides ne kaha hai - " Talk Sense To A Fool and He Calls You Foolish". Ab aagey aap samajhdaar ho. 🤣Jao jee lo apni jindagi! Aur idhar time khoti matt karo.
Best finance video I have seen in a long time. Thanks Pranjal for your research and simplifying things for everyone. Cheers to your honesty!!
I really appreciate your work, but i saw few wrong assumptions in this video:
1] Rent will increase 6-7% every year, but EMI will be constant for 20 years.
Reality: Rent may or may not increase every year. It may remain constant for couple of years as well (happened with my case). You can bargain the rent increase and in case it doesn't suit you, you always have the option to change your house. On the other side, in 2022, the bank has increased the home loan interest rates multiple times from 6.5-7% to 9-9.5%. So in this case your EMI might have increased 2-3 times in a single year.
2] Real estate capital appreciation is 10-12%
Reality: Your house's capital appreciation depends on multiple factors. But on average, based on multiple research, Real estate capital appreciation is 3-5%.
Pranjal has used this video to pacify and justify his deed of purchasing the house.
Absolutely correct points stated . It is very easy to say emi thoda increase hota hai when int rates rises
Reality is ppl who borrowed at 6.5% are finding it difficult to pay increased emi at 9% OR are witnessing their tenure go upto 80-85 years of age . Add to that uncertainty of economy and one will notice no job is safe .
I’m not against buying or anything but making balderdash assumptions like 14% return in stocks and 12% in real estate will eventually justify anything u want to convey whixh is not a good approach . Buying and rent both have their own advantage and disadvantage . Each one should do their own due deligence and not base their decision on waht an influencer has to say
@@Maulana-Al-Bakrichod I agree with you . And if that’s what keeps him happy then it’s alright . But making a video with pie in the sky assumptions to justify buying is better is just plan dumb
@@wisecrackmelmoc2301 The way he acted in the beginning, made me think he will seriously show some facts. But his analysis was all fancy and not researched properly.
First of all real estate mein 10-11% ka return hai
House pe 10-11% ka return nahi hai
Only plot hi 10-11% pe growth karte hain
Not mortar bricks
one of the best content on rent vs buy i came across , very clear on the point and looking at both perspective !!! Truely we live in the house each n every day of our lives ( more imp after pandemic / wfh ) we basically get emotionally attached with house .
You are doing commendable job brother. Such an easy explanation and you have not discounted any factor. This is what you call a holistic approach ❤👍👏
20% down payment +
we save tax on home loan interest and principal +
purchase ready to move property and save on rent also +
consider inflation in property value
Suppose home loan is 40L for 15 yrs
then repayment will be 71L (40L principal + 31L interest)
tax saving will be 60k per year so for 15 yrs = 9L
rent if take 15k per month so for 15 yrs = 25 L
property inflation 5% so inflation after 15 yrs for 50L property = 37 L
9L + 25 L + 37L comes 71L == Repayment Loan amount
If these conditions are present then purchasing home would be better decision than renting and investing
I have never seen person as much as true as you are sir . I can't explain in word how much you are helping people's lives ❤
Fax 💯
Kuch nai bhai .. pehle isne bhi stock lo...rent pe raho bola hai...ab gulati marlia....
Although I respect him, but sach se nazare nahi ferni chaiye
भाई प्रांजल जी 25 लाख का डाउन पेमेंट भी तो स्टॉक में रिटर्न के लिए इन्वेस्ट करेंगे ना और मेंटेनेंस भी तो इन्वेस्ट करेंगे ना तो वह भी 10 साल में ढाई करोड़ हो जाएगा थैंक्स भाई अगर बुरा ना लगे तो
Sorry guys but this video is copycat of Mr Amit Sangwan video...just see his videos you will forget all influencers
@@ashishchaturvedi5041 bhai to 25 lakh downpayment wala Ghar bhi to 10 saal bad rate me double hojaega...2.5cr jo aj h uska 1/3 rahega 10 saal me
Cost used to increase in last 70 years because only tier 1 cities were growing, people had lesser options to invest. But with the growth of satelite cities and other investment options peopl might not invest that much into properties.
Also thing to note is that earlier inventory was less because of floor restriction. But now even tier 2 cities have 15 floor permission. Thane, a sub urb of Mumbai has 70 floor permission.
A house should always be bought but one thing to keep in mind is to buy a house within your income capacity. When you sell the house it will also return your money
When a tenant is made to vacate by the landlord after every 3-4 years, it feels every bit worthwhile for a person with a family with kids and old parents to buy a house instead of renting one out. Shifting every 3-4 years is such a wasteful and tiresome exercise.
Thank you Pranjal! This video was really helpful for me as I had purchased my new home a year back, was going through the home loan documentation process, and each day after watching these so called financial influencer's opinions, I used to self-doubt my decision to buy real estate. This video gave me a lot of clarity.
Same..I also used to second guess my decision of buy a house because of these fin influencers
Really appreciate you for this video,
I got it so wrong earlier and when I realised this 1-2 year back, It was shocking and contrary to what many people were saying .
also it is much more nuanced rents increase, salaries increase, people finish it early, leverage, economic activity etc.
and you explained it well with simplicity at core.
When someone says real estate don't consider flats in an apartment because after 20-25 years we start facing issues in buildings as it becomes old and its price won't increase unless and until it goes under redevelopment. If it dosent then it will become a liability for you and in most of the cases this happens. So think and invest.
My dad had bought a house for 4.5 lac in 2004 when i was born and today it's price is more than 35-40 lac. I belive in real estate
That means 11% returns 🎉
@@vaibhavrayewar9159 exactly.
@@vaibhavrayewar9159 i bought house in 2014 at 12 lakh and sell @ 8.5 lakh in 2022 😢😢😢 700+ people's in aur colony sale at hugg loss
@@stayhealthy9125here in my town property value has increased 400-500% within the same period 😮
@@stayhealthy9125 location
One of the most important non capital, non money related reason is that once you buy a home you can't easily move to other location & maybe hamper your growth. That's why I always says that buying a home makes much more sense after 35+ age when you know that you won't be moving to other location just like that.
You can always rent your property & move anywhere in the world. With this rental income you can pay the rent wherever you are ☺️
@pranjalkamra you forgot to consider some aspects.
First 15 years back I took 2BHK @ 13K rent, now 2BHK @26K not one lakh
1 Lakh rental after 20 years will depend on salary which don't seems to increase. So it cut down your point then you have to pay 1 Lakh.
Now secondly, you shared real estate appreciation as 10% CAGR. But actually its near 6% CAGR. So 1 crore flat will not be 2.5 crore. Again if salary don't increase then it will never go out of reach. In rental also income tax saving happens. At retirement, you need not to live in so expensive city where flat costs 2.5 crore. You can easily take flat at 30-35 Lakh. Your PF itself will be like that.
You somewhere mentioned 12% return on real estate? Wonder which logic is used.? Mumbai 6.7% CAGR, Delhi 5.25% CAGR. Don't consider tier 2,tier 3 cities. Flat rate is not 1 crore!
So there is huge difference in data and calculations.
Also you haven't considered what will happen if 20 years 70K EMI and my job is private and like today recession happen. Seems its biased towards your inclination on real estate.
I think buying a house at a very young age is stupid, cause you don't know how big a house would you actually need and how lavish would you want it to be down the line. In my opinion, one should buy a house at around 35-40. By this time I think your career starts to stabilize a lot too.
You have hit the cord about senior citizen members. Not only that they are not earning but the other aspect is about moving from one house to another because in Mumbai mostly the rented house is given for 11 months .. maximum 2 years. Longer duration is given only if the owner is in your relative (which is a rare case)
Thank you so much for the clarity, Pranjal!
Could you please help understand if health insurance is a good investment?
I'm grateful to you, sir.. you are really making people's lives hasslefree and sorted.. thanks from the core of my heart...❤
Superb way to explain what makes sense in few variables that no one considers - Rent appreciation yoy vs fixed loan payout, returns of money saved may not be sufficient to cover the cost of house in later years.
Also deduct ~25K from your EMI expense while doing all these calculation because you are not going to live in road, anyway you need space to live in...
Thanks for this detail video, this might have clear doubts for so many people
Perfect video 👍🏻
Totally agree
Arre sir sir sir aap bhi pranjal kamra ki videos dekhte hai 😂
Nakli comment koe paisa nahi Dene wala 🤣🤣👍
The best video I ever watched on this topic. Thank you! 😊 recently bought a house and felt weird, tense when someone says you should rent the house. Why need to get stuck in emi. Finally gets relief 😊😊
Thank you! for guiding very well explained by you and really your video is very helpful and you are doing very good work. ❤
If you have a good bunch of people around your rented place, It will make you feel home.. If your on flat's housing society people suck , You will feel like hell...it all depends on people around you.. Don't overstretch your buy/ rent budget..peace of mind is more important.
💯
This is simply awesome..
Thank you for the eye opening..
U have changed my entire perspective, I was so influenced by these influencers and staying on rent since ages...
Thank you once again
Ur absolutely ryt .here most of the utubers favours rental accomodation over own accomodation using Excel sheet..u have mentioned many a factors which really shows the true picture..thx🙏😊
Hi Pranjal, your honesty is remarkable and I wish I was contagious to other analysts as well. Lately I have been wondering, what should be the place of bonds (corporate, government, debt funds) in the portfolio of a person reaching in his 40s, has a moderate risk appetite. Can you please consider talking about bonds and their significance as an asset class?
This is called honesty today I feel why I follow your channel since 2020 This type of honest video we want ....
Sir please continue your stock market series you have only uploaded 2 videos please sir upload more vide please sir please.....
Thank you for great video prangal kamra sir ................
Hi Pranjal, pls make similar video on buying second home / investment home v/s invest equivalent money in different mode of avenues. My wife is building pressure on me to go for a second home for investment purposes by getting peer pressure.
There is two blunder in this video - 1) In the description it is assumed any person who is renting only going to rent the same house for next 20 years, which is totally wrong, because rent comes with other priorities of office location, school, etc. It never stays the same for 5+ years. 2) Every house value is appreciated by double in 10 years, but the reality is based on the P/E ratio, which comes to be - if a flat is 40L, then its easy to get up to 50 Lakh. (based on location)...but if the same flat comes in 80L, it never goes to 1 crore, even in Bangalore, also any property has a certain number of years after its value depreciates. So any flat which is old of 15 years old, you never going to buy with the same money amount- common sense.
Great video.. can confirm with my own experience.. most important when you own a house you have peace of mind (when you buy within your limits..)
Mr Pranjal, this is wonderful study you made on this issue, let's make another one in buying a Car vs Renting.
My opinion is built a good house in home town by spending 15-20 Lakhs then stay in rent at your working area. Once need a vacation comeback to hometown
Yes, this is the best option atleast in present time.
Thank God, I have my own 2 bhk in boriwali side (10 years emi pending n good raw house in my farm at native place ( importance lockdown ma samj aya )
Very well explained. You just nailed it down. Thank you so much 🙏
Your honesty and simplicity gives me cool vibes. Thank-you ❤
Much needed content, thank you so much for clarifying 👏👏
Really a good video, changed my way of thinking on buying vs renting. Thank you
Best video i have seen in real estate vs equity category, very informative, change the view and thought, thanks sir🙏
Awesome analysis...
However, flats in metro doesn't seem to be giving 10% / annum growth.. even if u wait 10 yrs.
Hardly, you will find 1 Cr flat will become 2 Cr. In 7 yrs!
Really a very nice illustration sir …. Cleared a lot for a medical person like me 🙏🏻👍🏻
I've worked in the biggest real estate company in India and nobody has explained decision of buying real estate better. Leverage and emotional fulfillment are the top two reasons to consider buying a house
Kyuki tu chu**.hai isliye tuje samjh nahi aaya😂😂😂😁😁😁😊😊😊😊
Complicated issue explained simply.. That's Pranjal for you!! Hats off!!
Finally got a clarity about buying the house. Your videos are very informative, logical, practical and what not...... Also felt that, if your videos were in kannnada, which is my mother tounge, I was able to share it with my friends and relatives. Many of them won't understand Hindi. It would be very helpful if you could add subtitles, so that people who do not speak Hindi can understand the content.
I live in a rented house, which cost around 1 cr, and I pay 10 k per month. I think it is better to pay rent we get this kind of cool deals😊
10k rent for 1 crore house? Where?
@@arshsingal65 Hyderabad, gated community , independent villa, near ECIL
I have a 1.2 crore house but my tenant pays only 10k in Bhubaneswar. My father was a very saintly person who believed that he didn't keep tenants for his profit but to help them find a good home hence kept the rent low.
Pranjal sir always thinks both logical and emotional. Keeps us on edge until last minute of his video. Luv ur insights sir ❤🎉🎉
Thanks for this amazing video. Accounting even the emotional value which is mostly ignored.
Such a ground and real information with so much simplicity. Amazing sir and thanks 👍 😊
Watching for the first time, coming from Sharan Hegde’s book.
Great content! Not bullshit. Just clear information.
Finally a genuine video on Real estate vs Stock market. Thanks Pranjal for the video!! This is my favourite channel! ❤🎉
I'm amazed to see my junior at work made the correct decision and explained to me this same thing, been thinking about getting land in Tier 2 or Tier 3 cities for the future. Hope i can manage my capital allocation, have lot of planning to do ahead.
Have another question which is kind of exact opposite, when or should you sell real estate which seems to not provide any good return as that region is managed poorly??
Great video, thanks for bringing and highlighting so many aspects of renting/buying a house.
रियल एस्टेट एक ऐसा ऐसेट क्लास है जिसको आप रोज जीते हो ।।
बहुत ही सुंदर लाइन ❤
Middle class family’s dream "Apna Ghar" means peace of mind.
Hi All,
I think one point we are missing here is, toady in 1 cr in Tier 1 cities you can only buy a 2 bhk 750 sq. ft. (carpet) home. If you think after earning 1-1.5 lakh per month you can survive in that home for 20 years then please go for it. However, today's generation want Quality life style, so to all the youngsters I will recommend to invest their money and do lot of saving. Also, you are saving taxes on HRA, which at one point I can bet will be more than Home loan tax saving.
Few more points to add regarding Home:
- Flats rate decrease after 10 years, so your property will not appreciate much after 10 years
- As you progress in your career rent amount will become 5-10 % of your salary
The only reason I will buy home is because after certain age I want to live in content.
Nice advice
VERY INFORMATIVE… thanks for all updates
Thanks Pranjal Ji. Its totally unbiased and amazing video. Keep it up and stay healthy.
One Should also research well before buying property then return might better than 10% in that case.
Also, taking Home loan keep your financial discipline in place as you cant skip Emi 😊
Thanks for this informative video
I was so confused with that rent half information .!!
Man seriously, u have cleared my doubt so much thanks ❤❤
In Lucknow the real estate market is unnecessarily expensive and the worst part is the rent is lower and there are no software jobs. I don't understand why know one talks about it.
Here buying a house of 2000 square feet house generally costs between 1.35 cr to 2.5cr and the average rent is 10000 to 15000 per month. If we even calculate rental yield it turns out to be 1 to 1.5% which is pathetic.
There are generally 3 floors, so if you multiply the rent by 2.5 then it becomes 3% only
I had doubts. Now I've none. Thank you so much. This is the best video out there on Rent vs Buy...
Hii sir ap mera bhi short dekhiye aur bataiye knowledge kaise hai 🙏
Renting and buying both have advantage and disadvantage. I agree most video show only one part but you are also doing same. Who will live in rent in 20 year old house. Also renting is also staregtic you can move your choice of locality and apartment for few year, plus you dont have liabilty to stay at same place your whole life, think from rapidly changing tech park always coming to new areas. Buying a house gives a peace of mind. It depend you want peace or growth in life. At early stage of life without any doubt renting is good.
sir you are the eye opener, I also influenced with rent policy rather opting home loan and oppose as well people who trying to purchase home with home loans
Pranjal sir video is so much informative, he says everything based on facts and truth not fancy words to impress others❤
From where you got 11 percent returns. The problem in real estate is most returns happens beween 2 years before posession to next 4-5 years. After that you will stuggle to get even 5 percent return even after rental yield. So timing becomes very important in real estate.
YES ! People think just cz their house value increased, they can gain that money by selling it. Selling property is very Difficult. Its easier to buy new flats than second hand flats. Likeyou said, the timing of the sale matters. 1-2 years after purchase is crucial and probablt best time to sell it.
I wish if you can consider the point that the apartment prices depreciate after 10 years on an avg, which i can see in my locality. The new apartments with lower area are being placed at higher prices than the 10 years old apartment which have much better carpet area are being marked at lower prices than them as compared.
very nice video sir please make a video on flat vs buying or building home
Finally eye opening video for youth.. Thank You 👍🏻
You are still missing few points- When you buy a flat, there is building, place to live and ther is UDS. You should made a financial model of that building, considering it is depreciating and UDS which is appreciating. This modeling sometimes tells that old apartment is available at very cheap price, you can beat even MFs and Stock returns, if considered from investment point of view.
Another point is, when you tell after 20yrs, you will live free, if bought, then also consider life of a house. It is from 40-70 years. So, extend your calculation till the age of house.
Very well said ....thanks alot..
Could you please make video on investment options apart from real estate.
Hi Pranjal please make a video on “right time to buy residential property for investment”. As should we buy during very initial launch stage to make profit but taking home loan burden or buy ready for possession property to rent it immediately and manage some burden of home loan 🙏🏻
Pranjal, you are the best! I thoroughly enjoyed the way you explained and endorsed the idea of buying a house, especially the emotional angle that you touched upon. It was truly captivating and resonated with me on a personal level. Keep up the fantastic work!
Proper and to the point Analysis 👍👍🙏
Salute sir for your valuable guidance for all the peoples.❤ keep it up to motivate people’s for investment and financial growth 😊 you’re clear all the points.. thank you so much.. stay blessed 😇
Dear pranjal ji, really your suggestions are changing our financial thoughts....
Thank you so much for your great help to all indians 🙏
What a different perspective, this man is a gem
At the end of the day, it is found that listening and following the age old advices that we grow up hearing in our households from our elders was actually sensible. Holds true for finances as well as health and anything.
Bade buzurgo ki suno. Fayda hi fayda. Hamesha maths aur science nahi dhundhna chahiye unki baaton m😊
Thats an incorrect generalization.
@@mithun070 sahi bole unki baare sensible h pr hamesha sahi ho ye jruri nhi
@@mithun070 yes i agree it is incorrect but not completely bro. We need to accept the positives and then build, evolve on the existing knowledge.😉
bacho ki gareebi bade buzurgo se hi aayi h
Bade buzurg keh gaye hai ki loan kabhi mat lo. Paisa jama karo aur khud ka ghar lo 😂
I realllyy loved this video, totally agree with all the points...
Thank you soo much sir for your knowledge!!
Superb content and what a clear explanation on this much talked about debate. Hats off to you Pranjal👏👏👏
One thing you are missing I think..the value of house goes up by 10% p.a and become double in 7 years. But actually, if I want to sell my house then I may not get the double price since my house is 10 years old and there will be depreciation. The double value is paid by customer only for a similar new house and not a 10 year old house.
no, People are also interested in Resale flats. Because they get bigger carpet area as compared to new matchbox sized homes. If you bought flat in good location then dont worry it wont depreciate.
People are interested in resale because they are available at cheaper rates than newer ones, so appreciation is on the new properties and not the older ones
In Bangalore flats don’t appreciate but rental yield is about 5 percent now a days.
Amazing video ... Eye opener covering all the angles associated with home buying and renting
Few fools on insta are simply misguiding people by showing their biased opinion towards SIP, without considering a lot of important factors of both Homeloan & SIP.
This video was perfect to clear the confusion. Thank you.
what is completed here in this video ? you focused on buying a house.
( if everyone is going to the right then go left) conclusion : Buying or renting is totally depends upon the person who is earning and can assume his future so time and conditions will let you know when to do what.
Hypothetical Story : One of my friends buy a house and after 5 - 6 years his company wants him to relocate to some other location now he is paying EMIs and rent both.
Same ... I think 😮
He's getting rental yield also..
@@rahima-hi7gu why to take extra burden on head
@@rahima-hi7gu Renting house that you have bought for yourself is not an easy option. you always kept on thinking they are using your things. There are other type of people who bought house for renting they are not emotionally connected to that house. Hope you find my perspective valid 😊.
@@azadjain8534 Nothing is free bro.
Totally agree with your advice bro thnku❤
Bahut bahut dhanyvad,, mera sara confusion clear karne ke liye .. love this video ❤
Very helpful and wise advice, especially for me. Thank you.