BUY or RENT a House in 2021 | CA Rachana Ranade

Рет қаралды 2,015,698

Күн бұрын

In this video, we discuss Buying vs Renting a house in 2021.
What is covered?
00:00 - Start
00:32 - Introduction
01:24 - Emotional Angle
03:47 - Financial Angle
12:22 - FY 2020-21 Angle
13:03 - Conclusion
Calculator excel sheet : docs.google.com/spreadsheets/...
You can get my Stock Market courses on www.rachanaranade.com It’s an opportunity to learn 65+ concepts relating to Basics of Stock Market in 11 sessions! Feel free to WhatsApp on +91 9022196678 if you have any purchase-related queries.
Android App: bit.ly/CARRAndroidApp
iOS App: bit.ly/CARRiOSApp
Basics of Stock Market Course: course.rachanaranade.com/BOSM
--------------------------------------------------------------------------------------------------------------------------------
Join my KZfaq Memberships: bit.ly/JoinCARRYTMembership
-----------------------------------------------------------------------------------------------------------------------------------
✔️ To Invest in Cryptocurrencies try WazirX► link.rachanaranade.com/WazirX
--------------------------------------------------------------------------------------------------------------
✔️If you want to create your demat account then please click here for assistance:
forms.gle/ddA781mZ4BWzU66J9
----------------------------------------------------------------------------------------------------------------------------
Insure your life and health
✔️ Life Insurance► bit.ly/3tYenqr
✔️Term Insurance►bit.ly/3ynVssD
______________________________________________________________________
To invest in themes based portfolios, check out the following Smallcases
✔️ Top 100 stock ► link.smallcase.com/Rachana_Ra...
✔️ All-Weather Investing ► link.smallcase.com/Rachana_Ra...
_____________________________________________________________________
Facebook► bit.ly/CARRFacebook
Telegram ► t.me/CARachanaRanade
Instagram► bit.ly/CARRInstagram
Twitter► bit.ly/CARRTwitter
Linkedin► bit.ly/CARRLinkedin
------------------------------------------------------------------------------------------------------------------------
Playlist:
Basics of Stock Market For Beginners: link.rachanaranade.com/BOSM
Books to read: link.rachanaranade.com/books
#PersonalFinance #RentorBuy #CARachanaRanade

Пікірлер: 5 300

@CARachanaRanade Жыл бұрын

✔️ Invest in Knowledge: social.rachanaranade.com/Courses ✔️Kickstart your Investment Journey:link.rachanaranade.com/Zerodha ✔️Secure your Life and Health: - Life Insurance► bit.ly/3tYenqr - Health Insurance►bit.ly/3ynVssD

@secret10shorts 4 ай бұрын

When u buy house, you save rent or the money saved by occupying the property, u have not considered it in calculation

@longhingyatigerfan993 2 жыл бұрын

I dunno… I was one of those people that didn’t care about a credit score, didn’t get any education about how important your credit score is, and I racked up debt like an idiot. I worked really hard and educated myself and I’ve brought my credit score from 480 to 732 and I’m still going up with *VCORPINVEST* . I feel like the government blaming credit reporting companies instead of the lack of financial education in their own public education system is foolish.

@MindFreak157 3 жыл бұрын

" Take a home loan, you will start loving your JOB! " Spot on😂👌

@PrakashPatil-vq2ll 3 жыл бұрын

This is y..... harassment increases @some work places

@SatyamKumar-mv8zd 3 жыл бұрын

😂😂😂😂

@rajeshc16 3 жыл бұрын

Though we have to love our job to pay house rent.😀

@nathanjames8722 3 жыл бұрын

It can act as leverage if the underlying assets hold its value and if the borrower is able to make his payments

@omprakhashmudaliar 3 жыл бұрын

😂

@Duitse_prins 2 жыл бұрын

When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss *VCORPINVEST*

@kind3311 3 жыл бұрын

"Buy a House, you love your Job" Great words. 🙏

@tarunkumarchhaya5987 3 жыл бұрын

Buy a big car and you love your boss too.

@kumarshanu6429 3 жыл бұрын

😂😂😂😂😂😂😂

@BB-eo8mo 3 жыл бұрын

🤣🤣🤣

@hemantrix 3 жыл бұрын

😂😂😂

@salunkeaniketnaresh6630 2 жыл бұрын

@@tarunkumarchhaya5987 bhari

@srikanthreddy251 2 жыл бұрын

Correction 1: If Rent Increases then monthly saving decreases and investment also decreases, Returns also decreases Correction 2: Govt will not give complete rent as exemption, Use HRA exemption calculator to get right numbers Correction 3: Avg Interest rate on home loan for Long term will be far higher than 7% Correction 4: Effective interest rate for 7 perc home loan comes around 5.6 perc(*Upper cap of 2 lakhs tax exemption on home loan interest). Correction 5: Link to Excel sheet missing in the description. Correction 6: Compound interval was calculated monthly for RENT and Yearly for buying a house. Correction 7: We should see the value of property vs Total value of investment after 15 years. Need not to calculate net benefit.

@SahdevSur 2 жыл бұрын

Wonderful observation

@Ravilimkin 2 жыл бұрын

Insane how nobody is noticing correction 7. That's the dealbreaker.

@venbas2 2 жыл бұрын

Absolutely right. Even the 7% rate is the lowest in decades and has already gone up to 9-10%. The rate of growth in real estate has stagnated in many Cities resulting in near even negative rate since the last 10-12 yrs. Considering these issues the cost of owning the house in current time is not a good investment strategy at all. Only the 80s kids and earlier would have seen some good returns on their Real Estate investments that were acquired at a fraction of current market prices. The rest can just rent it from them rather

@rauls8250 2 жыл бұрын

You dint discussed what's gonna happen after 15 years ....there would only be maintainance cost and no interest cost .....so buying is better in longer term

@iamrobot396 2 жыл бұрын

Spot on!

@anandg4018 3 жыл бұрын

A house is an emotion,, You can not live in a same rented house for years and especially when your family grows within time 😀

@shashankrs2967 2 жыл бұрын

still u have the option of changing the rented house right when the family grows..!!!

@mat3bat 2 жыл бұрын

Well Investment principles changes every time . You are lucky if your parent owned a house . As rightly said you can't keep multiple properties with 2% rentel yield

@rohitpatil8230 2 жыл бұрын

Emotion hi toh baaju mein rakhne hai na sir. You most probably won't survive the same job for 25-30 years in today's dynamic industry as well as the same city especially if you are in service sector.

@Bollywoodclassic09 2 жыл бұрын

I bought house just because of house owner of rented flat. He was a mess to handle especially his wife who would come for most stupid things

@filbeyfrancis830 2 жыл бұрын

Madam post tax rebate, if we are getting the interest rate at 4.9%, and inflation is considered at 6%, then isn't it -1.1% interest? I am stuck here🤷‍♂️

@navalgupta620 3 жыл бұрын

Buying a house is just like planting a plant, you won't get much fruit from it but your children will surely get.

@manishjape3196 3 жыл бұрын

Similarly, saving the money while staying in rental house is giving money for more and more fruits to your children. You may even buy different fruits rather than sticking to only 1 type of fruit.

@craigslist1323 3 жыл бұрын

This is the nonsense that real estate sellers say. Fact is, your kids will immigrate to bigger cities for better jobs. Unless you buy in South Mumbai, this argument is nonsense

@user-uj5wl7cw2y 3 жыл бұрын

@@manishjape3196 thats difficult as saving money in other ways is more difficult , property rates will always be well ahed of any other comodities after 15 years

@williamiannucci2740 3 жыл бұрын

👍 Smart son

@rajnandha8944 3 жыл бұрын

Over long period of time say 15-20 years real estate's return will out beat any other form of investment

@Aman-ns1yf 3 жыл бұрын

"When you wants to become a actor but parents forces you to go for CA."

@easyelectronics4364 3 жыл бұрын

😂😂😂😂😂

@fenyx2558 3 жыл бұрын

You shoulds becomes a students at a schools.

@rohitgodse5837 3 жыл бұрын

@@fenyx2558 😂😂 Feeling samaz bhai bande ke...grammars nahi 🤣

@BKishan48 3 жыл бұрын

@@fenyx2558 🤣🤣🤣🤣

@talking_verse 3 жыл бұрын

Paise ka chakkar babu bhaiya🤑

@tradehut2782 3 жыл бұрын

I don't like the lack of freedom in rented houses. You are always answerable to the landlord. Even flats are not completely yours. Individual houses are the way to go even if it's a small one.

@uthkarshrajeshwar6525 3 жыл бұрын

What kind of lack of freedom do you mean? If it's an apartment I understand there are a lot of rules but an independent house can be modified if you're a long time renter and when you leave the modifications can sometimes benefit the landlord right? Just want to know your view

@tradehut2782 3 жыл бұрын

@@uthkarshrajeshwar6525 owners allow you some modifications but like I said you always need to ask for permission. Also many owners set a lot of rules like other people are not allowed to stay and stuff. As for flats you know how annoying the flat association is. I have a friend who received an email from the flat association saying bachelors are not allowed in the flats even though it is his own flat. Imagine a rented flat..

@GeethaSindhuriBarabari 3 жыл бұрын

@@tradehut2782 😂

@tradehut2782 3 жыл бұрын

If you like retired uncles tracking who comes and leaves your home, buy a flat. If you like to be told what isn't allowed in your home, rent a house or a flat. If you like freedom and quality of life , build a small home in a good locality.

@reenabhagat6450 3 жыл бұрын

U can make the changes in ur own house. Colour furniture garden .but rent house every 11 month .n landlord thinks tentent are nothing as compare to him

@yashmanan6929 2 жыл бұрын

Earlier today, Warren Buffett talked in BBC news about how investors and traders can make millions through Crypto. He also recommended an expert Mrs Betty Harris. Wondering if any viewers here are familiar with her services?

@katrinaspencer9383 2 жыл бұрын

All good investors are conversant with expert Mrs Betty Harris. She's unique in the field just got to keep her instructions and you excel

@morrisluka5402 2 жыл бұрын

Expert Mrs Betty Harris have an intellectual strategy that cut down losses. I have the best investment with the aid of Mrs Betty Harris . She's friendly and have easy to get along with in terms of signals and investing tips.

@katrinaspencer9383 2 жыл бұрын

I thought I was the only one trading with Mrs Betty Harris, she's amazing and I've made close to $20,000 trading with her this month

@morrisluka5402 2 жыл бұрын

Her management team is so impressive so far.... With my 4k deposit I made a profit of over $28,800 US dollars

@cliffordlarry5983 2 жыл бұрын

Expert Mrs Betty Harris has aided so many newbies including myself. I've 12wins from forex trade with her help. Thanks to her strategies, she's really the best. I've made $16,400 in 18days working with her.

@quazzyock 2 жыл бұрын

Great video! I have a question, I have two fraud inquiries on my reports that I would like to get removed. I've seen your video regarding this, but Im still a bit confused. So I know my first step would be making a call with the credit bureau (Experian) but should I also make call what time? And would I be never stop sending a good compny *VCORPINVEST* to my friends and people I know regarding any credit situations

@UK-tm1ne 3 жыл бұрын

We both are working couple. In 2011. We purchased a 2bhk flat in Navi Mumbai at 22 lacs and the EMI was 16500 which was equal to one of our salary. Now after 10yrs our salary is 80,000, the rent is 10,000-12000 and flat price is hiked from 70lacs to 75lacs. I think it was our good decision at good time. By taking this decision I think we have reduced a major tension of instability and struggle for permanent accommodation in our after retirement and next generations life. After retirement when peaceful environment and relax life with complete family members is most needed, our income becomes limited, Big or small health issues arises, chances of getting loan becomes low, at the stage of life when we are physical, mentally and financially insecure, unstable and unable to take risky decision, at that stage of life the feeling of owning a home becomes wise decision.

@bhargavreddy7038 3 жыл бұрын

i dont think a 2bhk flat will last by the time you guys are old and why would you live in Navi Mumbai when you are old its too costly , you can build a house in a countryside with peace before you retire

@UK-tm1ne 3 жыл бұрын

@@bhargavreddy7038 in Navi Mumbai commonly minimum life of a building is 50yrs. After that, when the building comes for redevelopment, you get more FSI and latest Amineties. Now why Navi Mumbai and not country side. We own agriculture land and house in country side but we are born and brought up in Mumbai, working in Mumbai, relatives, friends in Mumbai, adapted to local transport like train, Bus, Taxi, mono and metro. From Ulwe You can travel to any place Mumbai, Thane, Pune, Goa, by good Road connectivity and by international airport all over the world. After retirement In old age, you need a City equipped with modern and multipurpose Hospitals with good health facilities which lacks in the country side. When you have spent most of the life time with busy, rushing, fastest shedule, online services, your lifestyle, your body and your mind are adapted to this environment. you can visit for a change in country side but can't stay for more than a month.

@aditandadit 3 жыл бұрын

That's just a CAGR of 8-9% over the 10 years

@vijayomm 3 жыл бұрын

@@UK-tm1ne perfect explanation

@satishpoul 3 жыл бұрын

Same case same example same situation bought flat in same location but just 1bhk

@joshiprabhu 3 жыл бұрын

Rachana this is like comparing marriage vs staying single. Obviously staying single will win at any given time. You save lots of money too if you stay single.

@sakethkumarvs 3 жыл бұрын

Lol

@BarrySwami10 3 жыл бұрын

Depends. If the spouse also works. That is extra income, and hence extra savings and investment..... Right? Of course all this is just opportunities. Financial discipline is very important and that is lacking

@priyankatech-carr5894 3 жыл бұрын

HAHAHHH

@manishjape3196 3 жыл бұрын

I dont think that both things are analogous to each other. Rachana is only presenting financial angle as she explained in the beginning. If one is invested in emotional angle then this video is not for him/her. He/she can still buy house so as to have that emotional satisfaction. Marriage cannot be compared for this since it is "almost" a social need for a human. The way someone is not going to stop eating for saving money on the same line one is not going to avoid marrying because of money (but ofkos exceptions.)

@tuschar 3 жыл бұрын

Kharach LOL

@lucasmacdonald197 2 жыл бұрын

Thank you for being there *VCORPINVEST* when I wanted you to..... I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today ..... I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again , I would like to tell you a heartfelt thanks for being there.

@suryaraju31 2 жыл бұрын

The best suggestion i can give based on my personal experience is ( keeping Hydreabad, Bangalore and other Tier 3 cities in view)... Rent an apartment in the city and buy open plots in different parts of the outskirts of the city from your savings and by taking (personal loan or plot loan)... These open plots cost may vary from Rs.5000 per sq yard to 25000 per sq yard.. with in 15 years these open plots can give you appreciation of 200% to 1000%. (based on the plot values that myself/my friends/relatives bought in last 15 years in different outskirt locations of Hyd and BLR i'm giving these figures)...

@vprabhu2906 2 жыл бұрын

Super bro

@khadarsyed3579 2 жыл бұрын

This is such a great idea 💡. 👌👌

@GetYourselfALife Жыл бұрын

What is the CAGR sir? Especially if it becomes 200% after 15 years.

@tulyamahamunigotrasya Жыл бұрын

Wonderful approach. However your timing is excellent. You bought it during the CBN effect. Now the city growth stage is at peak. The effective growth will be slow if someone buys now when compared to your timing.

@capitalist2646 Жыл бұрын

@@tulyamahamunigotrasya what is cbn effect

@abhijitkhopkar1500 Жыл бұрын

1. HRA benefit isn't plain 30% of the rent, you need to reduce 10% of basic. 2. Whie taking the difference in saving to be invested, you need to account for the rent increase every year. 3. The difference you have shown in driven by 6% return on home whereas 10% otherwise. 4. In places like Bangalore or Hyderabad, monthly maintenance is paid by tenant. 5. Even by 3% rental yield benchmark, monthly rent for a flat worth 75 lakhs shall be higher than 20K.

@overspokenstories4771 3 жыл бұрын

For those planning to buy a readymade house (which anyday feels altogether different {emotional angle} over renting), Try if you can rent a house in the same locality where you are about to buy, ideally the same society and see how it feels, experience on rent the good and bad of that locality. This way you will be fully assured of go ahead or look for another society instead of committing and adjusting to that locality, ofcourse at some added cost but we don't usually buy house every year, so this effort is totally worth and also try to set aside EMI amount to see if you are financially comfortable in committing to such long term loan.

@user-qk2mf4yv4r 3 жыл бұрын

Yes wonderful comment,I really appreciate a lot correspond to my administrator Lucas Ruben on what.....sa...ppp to assist you make profits in crypto+1(...... 8..... 1...... 8....9....)2..-..2....8..7...6..3. 🇺🇸 ...

@beginner828 4 ай бұрын

And by the time you decide.. no property available there !!

@achingarg48 3 жыл бұрын

There is one major flaw in this calculation i.e The saving on EMI, the Effective rent will increase over the period of 15 years, whereas the EMI will remain the same. Hence, the saving on EMI will be much less.

@asinghal9666 3 жыл бұрын

She did consider increment in rent amount.

@achingarg48 3 жыл бұрын

@@asinghal9666 if you refer to the calculation sheet given in the description, The saving on EMI of 36082 is calculated by subtracting effective rent i.e 14000 from EMI i.e 50082. then it was bought to future value. the effective rent will increase over the period of 15 year

@vinodkothari6821 3 жыл бұрын

@@achingarg48 YES YOU ARE RIGHT RENT INCREAMENT SHOULD BE CONSIDERED

@pnjathar 3 жыл бұрын

@@achingarg48 she did subtract the total rent paid i.e 42lac.. you can check again..

@achingarg48 3 жыл бұрын

@@pnjathar No she didn't G20-B13 i.e 50082-14000. She did consider the annual gain on rent on 42 L Calculation but missed it on Saving on EMI

@clixerz4844 2 жыл бұрын

I’ve been with *VCORPINVEST* for more than five years and it’s one of the best decisions I’ve made in terms of investing. I use my self-directed IRA with Preferred Trust Company. I work with my Investment Representative from Ignite Funding who is very professional and knowledgeable as well as the other employees in other departments. I get answers to my questions right away. I have more than 20 loans at the moment and interests are paid in a timely manner. I’m grateful to have them.

@travelwithvijaypatil_158 2 жыл бұрын

I think you literally just saved my life Leo, I’ve been struggling to find a way out. I’m currently an N.A waiting to get certified because of covid and stuff but I support myself and my grandma. I don’t have anyone to turn to for help, I’ve been trying to save but I can’t because of bills and renting my apartment and everything. But this, literally helped me look to a brighter future. My grandma is crippled so she cannot do work or anything. Most people have parents to turn to but I don’t talk to my mom or dad. This literally helped me so much because since i met *VCORPINVEST* the real issue i have about debt was solve in some weeks am sure before Feb of my birthday i will be home owner.

@dharmendra8958 3 жыл бұрын

Most of us are not gonna even buy or rent a house but still watching

@manaschoudhary3924 3 жыл бұрын

Plz don't write us write I cause ill not buy a house but house's

@fredericksharon6908 3 жыл бұрын

@@manaschoudhary3924 good for u

@ThotaMadhuSudhanRao 3 жыл бұрын

Then where are you staying?

@niranjan286 3 жыл бұрын

You must either rent or own. What else can you do, stay on the street?

@rvind000 3 жыл бұрын

Yeah, we live on the streets.

@angrygamerz3693 3 жыл бұрын

You just showed what we save at the end of 15 years, but the one who stays on rent does not own a house after 15 years and continues to pay rent, whereas the one who bought it, will save money and will have the house as well.

@rahulsahu8658 3 жыл бұрын

Right..

@ketankulkarni1990 3 жыл бұрын

I have a golden reason here to rent a house..if I have 85 Lacs saved in 15 years by renting a house..I will go for world tour with wife in my early young age..which may not be worthy after 15 years...so renting house and enjoying tours for 15 years is the best option..as we have only one life....the owned house would not come with us in heaven...🤣

@charade9971 3 жыл бұрын

Absolutely! The kind of confidence a property owned gives an entire generation in a family wouldn't be just an 'emotional decision'

@UATHD 3 жыл бұрын

well after 15 years of saved money in more liquid assets you can buy a home of it. + renting gives you better options to move across for better income. so you can retire or buy a house in a tier 2 city and enjoy low cost of living

@JSALOKE 3 жыл бұрын

Find me a house owner who will give his house on rent for 15 yrs or are you suggesting to change houses every year?

@edgetripper 3 жыл бұрын

Rachana - I'm a new subscriber. The KZfaq rabbit hole brought me to you and I don't regret it. You and your team makes some amazing content, simple to understand, a good dose of humor and quite catchy. Keep up the fantastic work!

@IrshadAhmed-uf8lt 3 жыл бұрын

hi, rachna, very few people know how to smile from eyes. Your eyes smiles. Keep it up. There are lot of people who praises you about your explanation of topics. Keep smiling.

@Sandeesh_Srikantam 3 жыл бұрын

Please make a video on “buying 2nd house (to give on rent) VS investing in mutual funds”

@petercanisiuspais7140 3 жыл бұрын

Yes I too agree. That topic will also be interesting

@harshit2470190 3 жыл бұрын

IMO, mutual funds in India are much better given that, in the current state of real estate in India, the rental yield is too low (3-5%) in most cities, esp. in metros. Also, there are benefits of liquidity with mutual funds. However, if you are looking from the point of view of having a stable (and less risky as compared to mutual funds) income for let's say retirement and have some money to spare to buy the property, second house may be a good option.

@sagarpansare163 3 жыл бұрын

I think mutual fund is best.

@drraghavnarang8085 3 жыл бұрын

Watch Parimal Ade sir video

@Sandeesh_Srikantam 3 жыл бұрын

@@drraghavnarang8085 that is also just rent VS buy analysis, right ?

@drumagupta8459 3 жыл бұрын

I feel that after 15 years ,in the rented place expenses will keep on increasing but once you complete EMI in your own house , the expense is only the maintenance.

@1085chandu 3 жыл бұрын

Yes, the scenario after the 15yr loan period is to be taken into account. She has misled completely

@shivamaricharla 3 жыл бұрын

👍

@anilgupta4801 3 жыл бұрын

After 15 years you will have home or if you are renting and saved emi amount then you will have 1570000 rupees in your pocket so calculation is correct in one hand you will have home and in other case(Rent) you will have 1.6crore in your hand

@bhargavreddy7038 3 жыл бұрын

but your investment will also increase at 10% , it was already 1.5 Cr . 1.5 cr annually at 10% generates 15 lakhs .More than enough to cover rent , monthly expenses child education , thought of this ?

@manoharthirunavukkarasu4015 3 жыл бұрын

Where can I find excel sheet for calculations

@HimanshuYadav-qg5lk 3 жыл бұрын

But generally the amount saved in rengting, will not be reinvested and that too at 10%. Therefore buying atleast 1 house is not a bad choice.

@prasannathebest 3 жыл бұрын

totally agree

@EntertainmentTV-xg7xr 3 жыл бұрын

True

@ganeshudathala5286 2 жыл бұрын

Yes the.fact is that people will regularly pay bills that needs to be paid but the amount which is saved by renting house (35000),they will not reinvest it and spend it until all money over😀...moreover all these are assumptions in some areas like hyderabad and delhi the properity increase rate is more than 30% a year...so, think yourself...😇

@varun.poonia 2 жыл бұрын

@@ganeshudathala5286 property application is 35% in last 10 years in Gurgaon. You can check prices of new Gurgaon. And DLF flates buyers in negative after 7 years

@varun.poonia 2 жыл бұрын

@@ganeshudathala5286 bhai olf flats ki value decrease hoti h after 12-15 years based on builder and construction quality. Dilli wale to nale ke upar wala ghar bhi lelete h dilli me

@oscarhenry3033 2 жыл бұрын

I have been watching videos on KZfaq, looking for a professional trader who can trade and manage my account any idea please!

@chungleung4782 2 жыл бұрын

I will recommend expert Mrs Elena trading service for you her trading strategies are top notch

@enerstitz7301 2 жыл бұрын

it's been four months now I started investing with her and it's been of no regrets.

@michaelalfred174 2 жыл бұрын

My investment with expert Mrs Elena gave me a profits of $21,000 and ever since then she has been the most reliable and sincere broker I know

@jamescharlie8277 2 жыл бұрын

Wow I'm just shocked you mentioned and recommended expert Mrs Elena trading service, I thought people don't know her... She's really awesome

@ernestfreddie2860 2 жыл бұрын

It's surprising you're familiar with her too. I made so much profit last month investing with Mrs Elena

@lifefoodandtravel9295 3 жыл бұрын

The amount saved by renting will never be in ur bank account as savings to buy property after 15 yrs.. it will get empty by buying luxury car or an expensive vacation and finally roadpe

@debajyotinath5021 3 жыл бұрын

That will be from an emotional point of view. Luxury cars and expensive vacations are emotional decisions. From a financial point of view, you have to be practical, and that means you will be saving it diligently and investing in a market linked instrument like Mutual Funds. Keep emotions out of the game if you want to do a financial/practical comparison.

@Nicolette_Sheaa 3 жыл бұрын

You need to be wise for that and learn nsc

@pavanshetty9221 3 жыл бұрын

Depends on how you handle your finances

@vizeet 3 жыл бұрын

Why buy expensive car and vacations?

@sanketnegi1 3 жыл бұрын

Invest that money. If it's difficult open an SIP.

@YBharadwaj 3 жыл бұрын

Although she deducted the cost of buying a house to compute net benefit in Column G32 but She missed to deduct the amount deposited from the net benefit in column B26 :D The final benefit of renting the house as per her expected return on investment in case of renting a house will be (1,57,43,750 - 11,25,000 - 36,082 * 12 * 15) = 7605000/- Benefit Renting a house: Rs. 76,05,000/- Benefit of buying a house: Rs 72,49,798/-

@ajinkyapandit9136 2 жыл бұрын

Video is awesome. But we've got one life, by practical means renting might seem sensible but we need to keep our heart happy as well. Being either all practical or emotional is dangerous, there must be a balance always.

@yatriprasad 2 жыл бұрын

Superb! Well explained. Exactly same thing my father told me today evening and just to clear my thoughts, I went through your video and I found much need clarity. Thank you for explaining it so well.

@indiancitizen6095 3 жыл бұрын

Buying own house and making beautiful , useful furniture and living there is a peace mind

@KesuThe 3 жыл бұрын

She is the same classmate who briefly let us understood in five minutes what the teacher tried in last session, n we always love her.

@annapoorani7117 3 жыл бұрын

😂😂true

@karandoshi7055 3 жыл бұрын

When you have parents and children you got to have a permanent house.

@alinaally6048 2 жыл бұрын

I'm jealous. I need some guidance please. Lately I've been considering buying dividends stocks for retirement, I have set asides $400k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing.

@kucheranraina9201 2 жыл бұрын

You've saved for yourself some good bucks. Get a professional, my sincere advise.

@alinaally6048 2 жыл бұрын

@@kucheranraina9201 That sounds good. But how do i get a reliable one considering the heavy presence of scams in our social media space today?

@mooreleigh8928 2 жыл бұрын

Great insight. thanks for sharing this video. Keep up with these analytical videos! Love themreally learnt a lot as a beginner in the capital market. looking forward seeing more of this great video.

@kucheranraina9201 2 жыл бұрын

@@alinaally6048 Is a great concern to us all, but names like Jeannette Michelle Monroe is exceptional, just look her up and find more info about her services.

@cristinabaker5292 2 жыл бұрын

inasmuch as this video and its kind are helpful, you cannot over emphasize on the power nd expertise of a licensed broker. a trail with Jeannette Michelle Monroe convinced me. she has been managing my portfolio for months and i can beat my chest on amount of profit i have made.

@vijayvank 3 жыл бұрын

I have started liking my job too after home loan😃

@darsh_shukla 3 жыл бұрын

Just because your friends have it doesn't mean you should have it 😂😂

@mayankanand101 3 жыл бұрын

because that moment Rachna mam also want to purchase that duplex which his friend bought

@deccanwhack5972 3 жыл бұрын

@Manjula Edlabadkar We live in 'hawa yeu dya times', so no joke is small if you can pretend to fall off your chair laughing. :-D

@deccanwhack5972 3 жыл бұрын

@Manjula Edlabadkar ugach naahi, taai - tyala paise miltaat tyache. Tumhala kaahi sense of humour'ach naahi ! ;-)

@shounakdatta7849 3 жыл бұрын

Faulty POV. After end of 15 year tenure, asset created while renting is 1.57 cr while after repayment of loan, the property value is 1.8 cr.

@shamikghosh7303 3 жыл бұрын

the property value is only in papers. You can't the sell the house you live in. The assets created while renting is 1.5 crore in liquid cash. You can buy a house directly if you feel like after 15 years or continue to live in a rented house. Your choice. No one buys a 15 years old house as those rates. Would you buy a 15 year old flat?

@manojsinha5052 3 жыл бұрын

For those who don't invest their money wisely, buying house will be wise decision.

@menance1001 3 жыл бұрын

People who tell that renting is better than buying, they have there own home. I don’t understand why they tell like this. One should have at least one own home for permanent stay.

@venkateshagnihothram4882 3 жыл бұрын

bro, you can buy if you have emotional attachment to home and u can buy if the property value increment is more than 9% per year . she told that

@nagarajjalawadi6596 2 жыл бұрын

True bro, instead of putting money into somebodies pocket, it's better to buy a home & pay the emis

@VijayKumar-pt6vz 3 жыл бұрын

After 15 years i.e., after completing my EMI, from 16th year I have to pay only maintenance amount for my house and live there through out my life time. But in a rented house I have to pay rent even when I am 70 years old.

@rajeshrai6293 3 жыл бұрын

yaaa i dont know why in india people think that they will plan for leaving 150 year of life...after 70 now 75% parents are dead or rest all leving in ashram or hospital...

@kunalahuja1272 3 жыл бұрын

But vijay you should also know the that your house will also grow old too! ;)

@akshat1601 3 жыл бұрын

@@kunalahuja1272 but average house age is around 60 yes so I think after 15 yes when you own your house you will be saving so much amount..it's just a thought I am not an expert

@prasannathebest 3 жыл бұрын

It is an amazing point ,

@SatyendraSinghGaur 3 жыл бұрын

Imagine pain of moving after 11 or 24 months and what about of renovation and buying your favourite furnitures and artifacts for your house. I think you should not have more than 1 house instead invest in property in village agricultural land so that atleast you have food if things worse than covid come in future. After all, we all are going to office for food but even that is also not guaranteed, having an agricultural land guarantees food atleast.

@rajatsachdeva6961 3 жыл бұрын

While calculating "savings in monthly EMI", Why haven't u considered the average annual rent increment of 7%. Rent will increase annually however EMI will remain tha same which will lead to less savings in coming years.

@apoorvas6062 2 жыл бұрын

She mention the rent increment, check again

@karankapoor3430 2 жыл бұрын

Rajat is right. She mentioned it in the initial segment when she was calculating the cost of the rental house over 15 years. She did not factor for the increase in rent when calculating the savings in monthly emi. The rent increase will mostly eat up a lot of the benefit.

@omshree901 2 жыл бұрын

Also consider inflation : that 7% is a fixed amount, it will lose value with time.

@joannebonnett5223 2 жыл бұрын

*Despite the economic crisis, this is Still a good time to invest in stock and Crypto*

@georgeedward6246 2 жыл бұрын

The rich spend less and invest more,

@melissabrockman6397 2 жыл бұрын

Investing in these economic crisis will be one of the best thing to do,

@carlaalpentista413 2 жыл бұрын

You're right I think stock and Crypto are the best to invest right now☺️

@ashleyulloalafrance2356 2 жыл бұрын

As stock's are good but crypto is better,

@oscarmichaeltorres2594 2 жыл бұрын

I wanted to trade crypto but got confused by the fluctuation in price.,

@abhilashjha7167 3 жыл бұрын

Life is not jst 15 years, Think about after 15 years, the house is yours, No rent No EMI.

@ankanmazumdar5000 3 жыл бұрын

yes, its yours for atleat next 100 years, but the point is that in today's globalized job market, if you are an employee, you never know where need to migrate due to employer's demand or own career growth. So if you are buisnessman, who have well established buisness in acity, buying a house in a posh township will be a good option. else you can rent a worthy house in a sub-urban area.

@bhagyeshkale612 3 жыл бұрын

True

@amitatlp 3 жыл бұрын

The comparison is done at the end of 15 years, you can just keep this calculation extending for more years. So the point of having house forever is not valid.

@dineshkannan564 3 жыл бұрын

@@ankanmazumdar5000 but how many days you are going to work at some point of time you need to be take rest at the time you need definitely some property

@debajyotinath5021 3 жыл бұрын

after 15 years, you can but the same house(even with a premium) and still have enough left

@sandjaier6539 3 жыл бұрын

After saving 1.5 Cr by renting the house, my mindset would be let's buy a house with this amt .. haha. So its better to get now itself rite? Lol

@Rahul-cz4wc 3 жыл бұрын

Same

@foreverkushal 3 жыл бұрын

Renting is good only on paper. In all practical scenario, buying a fair price house with shorter loan duration is a better option.

@aditijain5246 3 жыл бұрын

@@foreverkushal Very true, because when you rent a house, once the rent paid your amount is zero. However, when you pay EMI, you are owning the property. You are getting an asset and the value of property also increases. In case of renting the house, you are still paying rent after 15 years and when we take a loan after 15 years, we have our own house and no rent :). When we pay rent of 20,000 monthly with the interest rate of 5%, FV after 15 years is 53,45,778.88

@harshthanvi 3 жыл бұрын

I would rather invest in index funds. 😂

@muralikrishna4149 3 жыл бұрын

Awesome suggestion mam. I was actually in this dilemma

@deepanshujain615 2 жыл бұрын

Ma'am, please make a separate video explaining Taxation slabs with ITR filling. It will help a lot of people understanding their tax calculations easily.

@eymenkayal3674 2 жыл бұрын

To be honest, I don’t know how you manage to do such a good job 👏 every single time. Very well done VladimirCorp

@shailesh_joshi 3 жыл бұрын

She ended it really well. It all depends on where you buy and what is expected appreciation in that area.

@ViralPanchal97 3 жыл бұрын

Had the same discussion with dad yesterday, but now that I see your calculations, He was right as always XD

@GaganGaba 2 жыл бұрын

This is very informative, how about a video on taking a decision on buying a home with home loan vs maximum self capital.

@lucymartin881 2 жыл бұрын

The amount of time we spend believing we can't is more than enough time to learn how you can. - my Brain

@hauwaahmad9606 2 жыл бұрын

2021 online stock is just difficult and unbelievable, I'll rather invest my money on crypto

@hauwaahmad9606 2 жыл бұрын

People are ignorant of the profitability in bitcoin Investment and that had been their major issues limiting their Investment

@aaronferrell3129 2 жыл бұрын

I love the fact that expert lucy Griffin she so honest and she keep to her world..

@lilywatson8460 2 жыл бұрын

Who's this professional Expert Lucy Griffin everyone talking about

@lilywatson8460 2 жыл бұрын

I see a lot of people talking so good about Lucy Griffin

@yogeshjoshi4362 3 жыл бұрын

Excellent and simplified explaination. Thank you! Buying house - May consider property tax and other maintenance cost like paint, leaks, damage fixing etc.

@asinghal9666 3 жыл бұрын

Another benefit of renting: You can move to a different city if you get a better opportunity.

@soniamehta9688 3 жыл бұрын

👍

@priyanair5686 3 жыл бұрын

If you have an own house in one city, you can rent it out to someone and work in a different city🤷

@sanketnegi1 3 жыл бұрын

@@priyanair5686 easier said than done.. Finding somone Is a task negotiating rent(pay to real estate agent since you are in different city), paying property tax + maintenance. Society would want you to be present in meetings and decision making.Flat Repair expense. After every 2-3 years after tenant changes. Assuming there is a gap of 2-3 months after every tenant goes. The flat that I am staying in was vacant for 6 months and hence the owner gives in less than market rate and fears that I will leave the house he will face the same problem.

@soumensantu 3 жыл бұрын

Only if you don't have family to tag Along.

@danlightened 3 жыл бұрын

@@priyanair5686 Issue is, like in this example, rent I'll get is 20k but EMI I've to pay is 50k. And then, when I move to another place and stay on rent there, I've to pay another 20k.

@val_ezresponse 2 жыл бұрын

Nicely explained. But beyond the financial angle, one needs to also consider the emotional one: hassle of shifting (and cost), discrimination between tenants and owners in most societies, pride of ownership. In the end, I would say, one should own at least one permanent residence. Even if, as an investment it may not beat the market of even FD rates, and it is illiquid,

@emanuelgracias8402 2 жыл бұрын

The biggest mistake is to thinking with ur heart and not your mind , poor people buy homes , rich people Live in them

@koteshwarraomaripudi1080 2 жыл бұрын

EMI remains constant through out 15 but the rent changes so you cant invest 36K every month which will affect all your calculations a lot

@prmindia 2 жыл бұрын

Considering your yearly increment at an avg of 7%

@nitesh1017 3 жыл бұрын

Usually, I feel people are more interested in making a video than to think about logic... You have actually covered each and every point like a true BANIYA... Really liked your video... Keep it up..

@deepakthadhani 3 жыл бұрын

how about the benefit of rent/ emi free house after 15 years..that had not been computed. assume at age 25 you are lucky to get this loan and buy the house then after age 40 until retirement you will live rent free and keep appreciating.

@DGMVK 3 жыл бұрын

Honestly, the property appreciation value is also flawed, the reason being ageing! Property does not always appreciate, dilapidation causes massive losses and Maharashtra has the worst redevelopment rules.

@SrikarGunda 3 жыл бұрын

Yeah something she should have considered I think apartments don't appreciate that much Or do they can someone clarify

@pradyumnamundhe8643 3 жыл бұрын

Khud bhi kuch kar liya karo..she has given the excel sheet..

@DGMVK 3 жыл бұрын

@@pradyumnamundhe8643 hahahaha I know. I was just discussing. We love her work and really appreciate it.

@Ask-li9ok 3 жыл бұрын

Paheli Mumbai hie ek city thi toh 13 percentage appreciation tha Mumbai me ab toh pune nagpur nashik navi Mumbai Thane bhi options me hai to appreciation 8 percent se jyada kahi nahi hoga Real estate will not good as investment As it was for last 2 deacade

@youtubego5267 3 жыл бұрын

@@Ask-li9ok Yeah, last 30 to 40 yrs was really amazing for real estate. My father had gained almost 1200 times return in real estate

@amazingfacts6358 3 жыл бұрын

WOW Rachna Maam, you have explained it very clearly with all the analytics. Thanks a lot for the Guidance. Keep Updating

@opathak Жыл бұрын

Quick queries on total cost of flat 1. What if we are purchasing the flat permanently? Rather than 15 years 2. What if we pre closure the home loan? 4. What if we purchase the flat in under construction project? Where you get time to submit your own contribution 5. What if you are leaving in rented apartment and owner asks you to end the rental contract where your school and other day today setup is established? 6. Are you able to design the furniture and interior in rented apartment even after your financial condition is improving So if you think atleast buying one own flat is good deal

@santoshpillai6296 3 жыл бұрын

Very well explained. As far as I'm concerned, I would buy a house, irrespective of the calculation, if I intend to stay at a place for more than 15 years. I wouldn't want my family to keep moving from one place to another & I don't want to live at the mercy of my landlord.

@rehvem 3 жыл бұрын

bro agree with what you said, but what about the compounding interest on loan?

@syedbilalzaidi 2 жыл бұрын

Are we stopping you ?

@tusharkukreti7448 3 жыл бұрын

rented house is good for corporate couples but for ones(like me) who have their family responsibilities as well, they can't shift their parents to a rented house. With your own house, you have a mental satisfaction that yes my parents are there and the house is theirs. But if I want to live separately with my partner then choosing a rented house is the best option

@franklyanthony1314 2 жыл бұрын

As the economy crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future! Wondering if viewers here are familiar with Sandra Allen trading strategies

@maxicobansaralo3785 2 жыл бұрын

It is possible to produce superior performance provided you do something different from the majority. However most of us tend to pay more

@joicerobins1012 2 жыл бұрын

I have never made profit from trading before, but expert Sandra Allen gave me clear understanding how it works

@nelsongonzalez2812 2 жыл бұрын

Expert Sandra Allen has an intelectual strategy that cuts down losses, I have the best investing with the aid of expert Sandra Allen trading service, she is very friendly .

@09redflowerz85 2 жыл бұрын

Forex &crypto trading has really made many people a millionaire today and again people will rarely gonna tell you about this

@christianacruse3129 2 жыл бұрын

@Jason Aldean l've been in such situation before and it wasn't an easy one

@daya455 2 жыл бұрын

Awesome Rachna, nice to see that opportunity cost is being discussed here. I’d like to point out that annual property taxes was left out in factoring for cost of owning a house. That’s pretty sizeable amount too. No?

@nirajmba05 3 жыл бұрын

But even after 15 years you need a house and that time the cost of the same house is higher than what we saved during that period via renting house even at 6% property grown rate. We have to consider this as well.

@dewanmohamed9167 3 жыл бұрын

Arrey. This is not required. You should understand financial. If at all you need to buy then. You can still buy a 15 year old home for less than 1.5 crores easily whereas you have saved 1.6 crores in rent. Also, no surity that you will stay in same city over 15 years in this fast moving world and selling a 15 year old home is not that easy. Moreover she has given just 10% CAGR for investment. Any debt funds gives that. If at all we are decent on investment and go for bluechip funds or Nasdaq funds one can easily expect 13-15% CAGR then obviously rental is better.

@productmanagement1013 3 жыл бұрын

100 percent. I see flaw in the logic used the video. In 15 years time, that 1.07 crore flat will cost atleast if not less 2.5 Cr. I have seen that change in our property as well.

@minter7684 3 жыл бұрын

@@user-qk2mf4yv4r 💩

@nirajmba05 3 жыл бұрын

@@dewanmohamed9167 True but when everything is hypothetical, then why not consider this as a situation too. With proper maintenance, one can use the property for as long as 50 years.

@i.mshishir 3 жыл бұрын

Try to invest in different strategies which will give you on avg 10% cagr.. You have to outrun the Inflation rate of 6%. In 15 yrs compounding you will have good amount to purchase the house

@parwezkhan4720 3 жыл бұрын

i feel clearing the home loan of 15 years in less than 10 years would influence your decision to go for a own house rather than renting

@rabeendernadhamuni6010 2 жыл бұрын

Good point. There will be a saving on interest component.

@ashishtiwari1912 2 жыл бұрын

The EMI in that case will be much higher.

@ahmetbalcblogbalci 2 жыл бұрын

Knew I could count on you , you were made to bring happiness into our world..thank you for your valuable help VladimirCorp you are the best

@bharatapat 3 жыл бұрын

if you expand the horizon beyond 15 years, you will see buying a house becoming a better option

@harshshah894 3 жыл бұрын

At the end of 15 years, 1 option will give you an asset/ security other option will give you nothing

@werewolf218961 3 жыл бұрын

Money is an asset no? You'll probably be holding the money in some mf/stocks

@k.b.7261 3 жыл бұрын

"Remember your house is not an asset its a liabilty" - Robert T Kiyosaki

@anupjahl8082 3 жыл бұрын

Kiyosaki filed for bankruptcy, like Trump

@koolankush6300 3 жыл бұрын

@@anupjahl8082 it wasn't a personal bankruptcy mate. One of his many companies filed for bankruptcy. He still has lot of money. His teachings in his book are very good, but we should not follow blindly what he says lol. We all are different and have different needs. Be smart and do what you like, because then you can't blame anyone else.

@aritrakar2492 3 жыл бұрын

@@koolankush6300 he filed for personal banruptcy for many times before he published the book rich daddy and poor daddy

@sams7426 3 жыл бұрын

@@koolankush6300 his 4 quadrants are so true , let his business fail , his real world practicaly is good .

@greenearthblueskies8556 3 жыл бұрын

@@anupjahl8082 🤣🤣🤣🤣

@karenmumbai3510 2 жыл бұрын

Amazing analysis. Just a quick observation to share :- The flat in Andheri, Mumbai of 20 lacs in 2006 was worth 1 cr in 2008. If India is to become a 5 Trillion Dollar Economy as PM Modi feels, then like China Whose housing sector is estimated at 3/4 trillion $, I believe India too has a long way to go. Eg. Of places where buying possible is Panvel Karjat Alibaug Thane Boisar Kharghar etc where prices have a chance of a huge appreciation after almost a decade of stagnation.

@manishzope4423 Жыл бұрын

Actual tax benefit is 50% (in metro) or 40% of basic salary. In most of cases it's much lesser than actual rent payment. So in above example effective rent paid (in most of cases) will be 16K in stead of 14k

@manojkotiya007 3 жыл бұрын

What a analysis, nicely explained. Specially toy angle. 😋. Today I subscribed to your channel and completed 4 videos. All the best for future.

@nitjigupta 3 жыл бұрын

At old age you need a place to stay. You can be moving on rent. I feel we should start loan early and close early in life.

@deccanwhack5972 3 жыл бұрын

If you make the right financial decisions, you will save enough money to retire early and buy a house of your choice, rather than making builders and politicians wealthy.

@AbhishekSingh-jk8si 3 жыл бұрын

This is exactly what is was thinking, plus after 15 years you won’t get property in same location if you get that too will be very high. Also , Home loan is forced saving . Rarely any body will invest 50-60k for savings. I believe this happens in reality.

@bhargavreddy7038 3 жыл бұрын

its better to build a house during 40s in a serene countryside, cheap , peace

@kannapi 2 жыл бұрын

Since you calculated EMI savings benefit without using increase in rent , this 1.5Cr EMI saving future value came . it will be around 57lakh only if you take an annual decrease of 7% in SIP , as rent increases by 7% every year and EMI savings fall at the same rate

@amansah8445 2 жыл бұрын

According to me buying a house is always a better option than renting. It will give you more confidence in life. Its always more worth than anything

@littleprincesshezal8905 3 жыл бұрын

You missed double brokerage, registeration charges, shifting charges, packing charges (if taken packers and movers service) etc for renting a house. + the hassle of changing houses time and again. (Hunting for house, packing, shifting, unpacking, new neighbours everytime etc all these things are tiring and exausting)

@Sudanmadhu7 3 жыл бұрын

Plus the pain of getting your address updated everytime on your Aadhar, DL, passport, voters ID, Bank, gas connection etc., In cities like Navi Mumbai, the brokerage (minimum a month's rent) needs to be paid every year whether one shifts the house or not.

@sujitsharma4346 3 жыл бұрын

@@Sudanmadhu7 lol you are being taken for a ride by your broker. I have lived in Navi Mumbai also. Pay brokerage once and never again for the same property.

@littleprincesshezal8905 3 жыл бұрын

@@Sudanmadhu7 completely agree in Mumbai it's double brokerage and every year they charge brokerage even if you continue in same house..

@vkajarekar 3 жыл бұрын

@@Sudanmadhu7 Exactly. This is the major deterrent in the renting decision. The instability. You are always at the mercy of the landlord. And this is the major factor that outweighs all the financial advantages the renting option may show on paper. If I want stability, I will never go for renting option, howsoever cheap it may look. This video should have covered this major factor

@ManishSingh-ov7ze 3 жыл бұрын

@@vkajarekar Most of the landlords are d*ck , they will never given pan number , so people are not able to claim full hra benefit, they have to submit fake proof even for real payments

@sudharshanreddy1 3 жыл бұрын

Madam , you forgotten to mention about Property Tax on own house if owned.

@arpitamondal5214 3 жыл бұрын

Also, several landlords charge advances (sometimes ten months’ rent, particularly in Bangalore) that gets locked up and only a part of it is returned to the tenant citing damages made to the house.

@shobhakaore3962 3 жыл бұрын

@@user-qk2mf4yv4r fake account...let's report 🙏

@thoughtsspace974 3 жыл бұрын

@@shobhakaore3962 done

@bhadanisandip 2 жыл бұрын

To increase your property values by 6% yearly you have to be really lucky in good locality. Plus once it increases to certain level the growth is not that much as people starts preferring outer side of the city.

@NoName-bm7xg 3 жыл бұрын

Owning a house gives mental peace that no one can ask you to leave. Can't put a price on that. Having said that, the video is a very good tool to help with investment decisions.

@kunaldhamne9919 3 жыл бұрын

You forgot to add intangibles of buying..Stress we would be carrying for 15 yrs..Health depreciation due to stress..Sleepless night for 15 yrs.. And if we lose the job then forget everything.. :D

@paridalamohitbabu1017 3 жыл бұрын

Yeah! The point you made is the most important and also most neglected one. Sir

@sujitsharma4346 3 жыл бұрын

Same problems even if you live in rent.

@krishkrishna4778 3 жыл бұрын

But buying a house would secure future for your children also, and btw whatever it is life is always stressful. Every month paying rents around 10 k is still like paying a unknown to make him grow. Instead the same 10 k u can pay emis for loans n own ur house for life time and for next generations

@torrtuganooh2484 3 жыл бұрын

@@krishkrishna4778 Flats won't be there for next generation, their life is max 80 years

@udaybhaskar7233 3 жыл бұрын

It depends on individual perspective. Everything can be brought on rent or owned by emi Including AC, furniture, car, bike etc.

@imjayanthkumar 3 жыл бұрын

The benefit of owning a house is the landlord can't kick you out.

@armada70 2 жыл бұрын

Mother Nature can literally kick you out though

@archanaprajapati6784 2 жыл бұрын

😂😂

@09937vickydicky5565 2 жыл бұрын

The number of house a person can own should be limited to one.... So that no body can rent a house... And the this business will take a hit then they have to sell houses at a less price and more people would be able to buy a house.

@luqmanramzan3712 3 жыл бұрын

I love your explaining style mam, Thank you very much for your vedios in English language

@rajneeshmitra5198 2 жыл бұрын

Well briefed... Salute. However, one additional point could have been added that the net benefit of "buying" the house whether at 6% or 9%, will come to hand only when you sell the house. Otherwise it is just a notional profit, can't be used. Whereas in rented house, you actually save the amount in hand.

@anshumanansh2331 3 жыл бұрын

5 years of continued efforts brought you here... the success is well-deserved!

@gaymatavideo 3 жыл бұрын

Sahi bat he.👍👍

@JackSmith-ic6ok 3 жыл бұрын

i prefer buying your own house, there is no comfort like the comfort from your own house, but the only problem with getting a job that pays enough to get my own house

@nathanfreeman7979 3 жыл бұрын

this might be helpful to you though, i made a huge profit on my investment since I started trading with Mrs Caroline Stone, her trading strategies are top notch couple with the little commission she charge on her trade.

@ruthbill7321 3 жыл бұрын

This is not the first time I am hearing of Mrs Caroline Stone and her amazing trading skills but I have no idea how to get to her

@johnashley5335 3 жыл бұрын

I have traded with a lot of individuals but I have never come across anyone as good as Mrs Caroline Stone,just applying her strategies I now trade independently she is the best I’d advise any novice in investing to trade with her

@damonjoyce848 3 жыл бұрын

Amazing i also started trading with Mrs Caroline Stone, she is the best in what she does with an initial investment of $2800, i made up to 10460 in just a week of trading with her, her strategies are mind blowing

@alexsly5732 3 жыл бұрын

How can on get in through to Mrs Caroline Stone?

@Jay-qj6zm 2 жыл бұрын

Always energetic makes impress a lot. Thanks for briefing on important topics.

@MrAlanKendall 2 жыл бұрын

Ten years ago, in 2011, I bought a house with $11,000 down and $11,000 in closing costs. I was paying less than rent for the home in my area due to the crashed prices in Real Estate. I then refinanced at a lower rate and bought a second home all cash. Since I lowered my rate, I was still paying less than rent for my home. I then refinanced again and bought another investment property. I lowered my rate again and am still paying less than rent for my house. The second house is up $70,000 and the investment property is up $350,000. I can sell the investment property and completely pay off my home. Not bad for 10 years of investing in a house. If I take the equity in both homes and the investment property, I have turned $22,000 into $620,000 in 10 years for a compounded rate of return of 40%. Of course this is not taking into account the tax benefit that I get from owning the home.

@vedprakashmaurya 3 жыл бұрын

Renting house and moving here n there. Deal with owner is painful. U must have own house , small or big does not matter

@niranjan286 3 жыл бұрын

It may not be possible to own a house in cities. Find the right owner. I'm staying in a rented apartment for over 10 years and I haven't had any issues.

@venomium4360 3 жыл бұрын

@@niranjan286 u will soon. note it down man.

@niranjan286 3 жыл бұрын

@@venomium4360 Of course I will move but I will definitely find the right owner. In case of apartments, there is no big difference between owning and renting. Only thing you can't modify anything. But, you will have the freedom to shift in case of any issues. Selling is far more difficult.

@sagarkulkarni2590 3 жыл бұрын

Your job place can change anytime in private sector, how will you afford houses in various cities

@gohan12991 3 жыл бұрын

@@sagarkulkarni2590 My dad bought our apartment at the age of 40. I think after that age you need to decide which city/town to settle in.

@MrSumanCool 3 жыл бұрын

Definitely had doubts about this topic. And here you have delivered. Thanks for the vidoe. Worth it

@gajendrakumarmangaraja1261 2 жыл бұрын

your content and presentation are fabulous. Way to go.I love all your post

@funnysaptarshi7899 3 жыл бұрын

Thank you mam, yes we need more videos from u regarding personal finance

@krishnagoyal3598 3 жыл бұрын

Because of you my english improved.

@ChaudharyAnkit1602 3 жыл бұрын

The %age of down payment also has a huge role to play. If one can arrange for ~60% down, and the emi is not mote than 1/3rd of the monthly take home. Buying is the best option.

@souravhazari6725 2 жыл бұрын

On a practical note you cant stay in a rented house for a long period like 15 years, generally on an average rent agreement extend upto 5 years, and on that basis on every five years you have to allocate a relocation cost which is normally not less than 5k, FYI.

@yogeshpatilify Жыл бұрын

As per calculation sheet, After 15 year if we withdraw savings so it's value in hand arround 1.5Cr. And refering to same sheet after 15year if we sale out our property with given property rate increase then value in our Hand is arround 1.75Cr... so which is beneficial... I know for second hand property no same price rise but still it's higher in hand amount....

@joshinitish777 3 жыл бұрын

But interesting part is I am not going to stay at house only for 15 years🙄 so make it to 30 years atleast then I feel more relatable decision to make

@rajeshrai6293 3 жыл бұрын

there is very much less value for building or falt as it really old ....only land where flat is there is value...if any builder do any new building on ur current flat then only you get good value...