The strategy to adopt - buy or build a small house even if you can afford a big house. Invest in another house or commercial property purely for renting out. Mistakes people make, investing life savings in a big house, spending fortune on interiors, huge maintenance charges etc. Eventually only the old couple are left in the house hardly occupying 30% of space in the house.

Agree on rent being logical today but one must have atleast one place of ones own for rainy day.

YES Chetan! We want more videos like this :)

Equal amount of Logic and Emotions balance is required in buying or renting Property. Amazing Sir. Please keep making knowledgeable video.

I think this is relevant to many people in India.. we want more video on the same topic with details. Thanks

Renting for first 15 to 20 years. Invest money in high return instruments amout which would be your home loan and buy a bunglow after maturity period 😄 Ex. - just one stock , there are many more 10000 invested in hdfc in 1995 is worth 1.5 crore today. Dividend income is not counted. If i am not wrong how much land you would have got for 10k in 1995 and estimated value today and will someone be ready to buy it when you want to sale? (Tough if you have land in village)

Keep uploading this type of session regularly (Financial) As a CA FINAL student, I also learn more about Finance (Because of your Experience and common Sense) Thanks Sirji. 🙏

I think we must also consider that maintenance costs and transaction costs are higher for property and that the house is immobile, while today’s working population in India, move jobs and even cities often. As our lifestyles improve, maybe the flat we purchased 10 years ago is too small. So in the end, people end up selling and buying houses. Considering lower returns, higher costs etc. it may be better to keep renting and upgrading as per your lifestyle, while saving into mutual funds and avoiding housing loans and EMI etc. completely. This is especially true if you already have an ancestral home or parents own a home. Also much of the black money finds its way into property markets, which makes it doubly bad for the honest tax-paying salaried class. Isn’t it?

Company of experienced intellect can guide us in a better and safe way.

Yes of course more videos like this needed.

Wow sir I m discussing with my parents and your video came out I ll show to my parents 😂

Sir it makes a lot of sense for you to educate us about investing considering your background. I’d have no second thought in taking your advice.👍

keep going on in this series sir please continue it- investment series.

This video came on right time for me. I’m about to my buy house. Appreciated your insight and information.

Yes! We want more videos like this. Keep making them. Thank you.

Nice video. I just bought a house knowing fully well that it doesn't make an economic sense. For me, life is about experiences - buying a house and developing it based on your taste is an experience that most will have once in a lifetime. But I totally agree that it needs to be affordable keeping enough liquidity

Summary: Buying a house is an emotional thing. But consider these things if you want to buy a house: 1. Affordability: value of house

Very nicely articulated Logic and emotion theory!! In case of Home , often emotions surpass the logic!! And another fact is that Home is a kind of asset which Is very difficult to monetise because, everyone needs at least one permanent accommodation!!

I guess we are fortunate to hear him live, i used to read his novels when i was in class 8th. Chetan sir, if you are reading this comment please keep making such videos. Your real life experiences, secrets and expertise would be really helpful for us.

A good blend of practicality and emotional quotient to this video. I likes! :)

YES! Please keep making these videos on investing and topics that are ambiguous to many. Some suggested topics : 1.is gold worth the hype? 2. Your thoughts on crypto. 3. How should a guy in his 20's invest to achieve financial freedom ? Thank you.

THis was great. Yes we would like certain more content on the same lines. Personal Finance.

It also depends on the housing market the real estate is in bear run from the past 13 years but from 2003 to 2008 the real estate rose by 5 times

bhaisab yeh jo aapne finance ke technical jargon samjhaye na , ekdum dimaag me baith gya, thank you so much

Good to have you say that if you need the house you can buy it, taking care of the three things mentioned. These days there are people who are only advising to rent as if there is value in living in own house

It's too simple. Kindly talk about asset allocation, power of compounding, historical return on various asset classes and your personal experience and learning from wrong asset allocation etc. This will make asset class choice clear to lot of people and youngsters will learn the power of investing early in life to achieve financial freedom.

You didn't covered the tax aspect. It should be considered while considering the option of buying or renting.

Great video, I have seen many buy vs rent house videos. They mostly oriented towards finance and returns. But this is the first video which gave preference to both. Thank you Chetan sir for making such video.

*HOME* , *CAR* and *WIFE* are liabilities not investments

Nice 👍 Our previous generation should go across this video

Worth watching. Thanks for taking out your time to make such videos. Usually youngsters are confused with ideas of buying vs. renting, specifically in grade-A cities or metros. These tips will help them for sure. It prompts me to ask a question; for 20 yrs loan, whether it's better to focus on pre closure of loan or make alternate investments with excess money? 🙏

keep going on in this series sir continue it

Yes Sir! We need more realistic videos like this.

He is an author his explaination gives us a light on the situation

Yes sir we want more such videos on financial education

Really u said the truth that due to emotional people take irrational decision. Hope our younger generations should not get into such trap.

Please turn off the auto focus 🙏🙏🙏

another practical discussion video ❤️

great sir 😇 .... Bohot mast

Yes we want more video on this issue

More videos on investment, please. Our country needs more financial awareness material and your videos will definitely help.

1 house is necessary . Too many not required. U r very right that number of years of salary should decide the buying of house..luckily I didn't have to take any loan.

Your video really gives insights and healthy perception that leads to clarity in mind! You share your rich knowledge with all of us in such an easy way is commendable.

Chetan continue this content series about financial knowledge as i think you are the perfect one to talk about it in a very rationale and logical and practical way... And yah.. Go in technicality and full in depth knowledge about the financial world. This would help India🇮🇳 grow fast and exponentially🔥🔥 Edit:- chetan bhagat... Chaahe views aaye ya na aaye plss continue to make this content as I will always give you views and retention rate(watch till last second) as money is not a topmost priority for you right now... Your first and top priority must be your country INDIA and by the help of this content agar mere jaise 100 log bhi aagye to Hindustan ko utha denge hum...PROMISE 🤝🤝

Nice video. Having own house is a major desire.

Greatly Explained! We want more of "Investment Banker" Chetan Bhagat!

Yes sir pls make videos like this.it s awesome

I think your content is great and yes, please provide us with more investment related videos

Great video. Very much enjoying your videos. Great content 👍

yes, want more valuable videos like this

Sir, please make more investing videos. Please share your knowledge.

This type of conversation don't happen around me .........thanks for the information nd knowledge ......seeing this nd your other videos makes me put effort or atleast think in a right way .....thank you so much

Yes I want more videos on investment

Thank You Sir for this video which is very informative, life saving also....would love a total series of these videos just like your long videos. I also would suggest to make a bit longer and detailed videos....some important topics like affordability..like a person with 30k salary can obviously buy an Iphone Pro model worth 1+ lacs but will we consider it affordable? A father spends years of savings behind a wedding which may result into a divorce also,is it financially good? What is affordability? When can we say we can afford a thing? Also videos on personal finance,financial dumb mistakes middle class makes,investments,importance of emergency fund,retiremement fund,insurances and every other thing which an IIMian may know but common people may not. I was very eager to watch your future investment videos. Would love longer,deeper videos. Sir,these videos makes life,saves life. Not everyone can become IIMian but atleast know these financial things which can improve life. And Sir,all the best for 400 days.

Like always, another great video, people will love your this side more.

I'm an Indian living in the US & there no videos by Americans explaining the crux of the topic so clearly in 11 mins. To the extent you can, pls continue to make such videos. e.g. you mentioned in one of the videos "why most investment videos are scams" pehle paise kamao phir investment ki socho. that is wisedom..

Yes of course sir. Thanks

Absolutely need more likely this best advice to young people...

Was pretty useful

As always to the point and as much as common sense that can be delivered online.

Let us think practically.. how many of us can invest large amount in stock market without knowledge.. buying house doesn't requure that much knowledge

Excellent ! Neee much more of such personal finance based videos !

Paying EMI is better than paying rent atleast you are paying for your own property and no problem of increase in amount every year

Ya I Want more Like These Videos

The primary reason for everyone to choose house investment over share market is that you get loan to invest in the house. Besides, poor liquidity in house investment forces you to remain invested for long.

Sir, your videos are always wonderful to watch.. Such a worthy video for everyone.. ❤❤👌🙏 keep sharing these kind of videos.

And more videos on financial education..

Yes we want more

Please make more videos like this. Thanks !

Resonating! More videos on this would help a lot:

Thank uou

More video like this.....This content is much better than Nora Fatehi dance videos

I like this type of content , and i love your long videos

Yes would like to view more videos like this & even on how to choose a career.

please make detailed video on this topic include technical points also ....its very important topic probably the most expensive buy in once lifetime

Wow sir thank you so much...it is very much needed!

Kya genius aadmi ho aap🙏🏽❤️🔥

Very relevant video!! Please keep enlightening us with ur insightful videos

Excellent video Sir. We save on TDS through interest paid on home emi. It's a good saving too.

Yes need more videos

Great one 👍👍

Love your presentation and knowledge. Thanks for sharing

Plz continue sir with this series I am bunking my online classes and watching your video😅

Yes sir we want more videos like this❤

Excellent

Best video till date liquidity is imp in life 🙌

We request you to make more video on Personal finance and investment. We appreciate your work of creating awarenes in Indian youth.. Best wishes 🙏 Keep it up.

Very sensible perspective

Still confused whether to buy a house or rent but topic chosen is very good

More videos on investing and money management.

Great vdo sir very infomative

Do continue this series sir. Atleast people know of investment and like things

Awesome ❤️

Home is home when we buy i phone it doesn't matter what is amount we have to pay or return it can give us same as home we just want it , also it give a sense of personal achievements and satisfaction and if we are not satisfied in life then what is the point to get some extra returns and money

Yes sir, we want more videos like this.

@Chetan Bhagat, I have started going through your videos from last few days. They are all wonderful...happy to be listening to an intellectual mind. I see that you are making these in Hindi...I think if you can make these in English, it will reach more people and also can create more impact. Just my thought.

Please sir make more videos like this on investment . ❤️❤️

great information

शुक्रिया सर❤️🇮🇳💪💪

Bahut badhiya.......bhaiyya !