No matter how much finfluenzas try to show you excels showcasing renting is better than buying, eventually everyone wants to own a home at some point in life. Even Nikhil Kamath the poster boy of renting-supporters ended up buying 😅 Just don’t look at it as an investment for creating wealth. The house you live in is an expense and nothing wrong with that.
The right question for each individual to ask themselves is what stage of life would they want to buy their own place. No one seems to debate about owning a place eventually, it’s about the timing & financial / emotional maturity of respective person.
what a hospitable and nice guy , imagine even him having difficulty in the marriage market . what unreasonable expectations do people have these days, jeez. he is doing well in life and is well spoken enough. how would it matter if he didn't own a home? ... crazy . and then people break apart marriages at the slightest inconvenience.
My God. The resemblance between his thoughts and mine are completely uncanny. I recently switched sides and finally invested in a home for myself and this is the exact thought process. I know it is costly, I know it isn't the best financial decision, and I know it means nothing when my Dad keeps telling me this is how I built assets and this is how you will do so because it isn't an asset. I consider it as an expense, an expense that I am willing to bear for the emotional value it provides. No one sells their house unless it is a dire situation or they are looking to move up higher on the ladder. In both cases, there are better investment alternatives.
Vishal as always rock. Tennant was quite good chap , though he chose his own place for marriage reasons instead of parents. Good luck for his marriage.
Renting- short term gain. Owning a house- long term gain . That's unless the person has crores of wealth to splurge on rentals indefinitely & still has enough in investments which keeps generating more wealth . Rental is a financial outgoing with no gain except staying in a house for a fixed term
In a year or two they will have to buy another flat for his brother..! But yes, buying a home is always a super satisfying decision, be it at any stage of life.
Buying a home for living in is an emotional decision in India. Don't understand why folks are obsessed with excel calculations. It becomes a poor investment when someone buys a 2nd property with the objective of capital income and rental yield as both are shit in the current investment climate and going forward.
No matter how much finfluenzas try to show you excels showcasing renting is better than buying, eventually everyone wants to own a home at some point in life. Even Nikhil Kamath the poster boy of renting-supporters ended up buying 😅
Just don’t look at it as an investment for creating wealth. The house you live in is an expense and nothing wrong with that.
The right question for each individual to ask themselves is what stage of life would they want to buy their own place.
No one seems to debate about owning a place eventually, it’s about the timing & financial / emotional maturity of respective person.
@@siddhesh7183agree! Do the math and set your timelines and go for home. Being on rent is like harassment in india.
what a hospitable and nice guy , imagine even him having difficulty in the marriage market . what unreasonable expectations do people have these days, jeez. he is doing well in life and is well spoken enough. how would it matter if he didn't own a home? ... crazy . and then people break apart marriages at the slightest inconvenience.
You don't know his family. And they are difficult to beon same page. A girl has to navigate this dynamic.
My God. The resemblance between his thoughts and mine are completely uncanny. I recently switched sides and finally invested in a home for myself and this is the exact thought process. I know it is costly, I know it isn't the best financial decision, and I know it means nothing when my Dad keeps telling me this is how I built assets and this is how you will do so because it isn't an asset. I consider it as an expense, an expense that I am willing to bear for the emotional value it provides. No one sells their house unless it is a dire situation or they are looking to move up higher on the ladder. In both cases, there are better investment alternatives.
Emotional well being is the biggest asset a person can have. This cannot be plotted on excel sheet.
Very pratical guy .....All the best to him !!!!
Vishal as always rock. Tennant was quite good chap , though he chose his own place for marriage reasons instead of parents. Good luck for his marriage.
Renting- short term gain. Owning a house- long term gain . That's unless the person has crores of wealth to splurge on rentals indefinitely & still has enough in investments which keeps generating more wealth . Rental is a financial outgoing with no gain except staying in a house for a fixed term
In a year or two they will have to buy another flat for his brother..! But yes, buying a home is always a super satisfying decision, be it at any stage of life.
India: Charges rent like Canada but provides infrastructure like Somalia
Toronto condo rent 2800$ = 170000 INR plus insurance .. India 2bhk= 40000 INR ... How is this equal?
Ankur said there is lots of greeny and the camera man shows some weeds in land, what an irony.
For Mumbaiker, some wild grasses is also luxury 😜
Borivali east happens to be the lungs of Mumbai
Interest is a wasted expense… ok… and rent is not????
Hi Vishal,
Where has he purchased the property?
Borivali only
@ building name please
@@vishalbhargava5400 how much ....
How many expected Nikhil Kamath to open the door in the beginning? Sach batao 😅
Nice❤
He would never have kids he will baby sit others kids 😊
Buying a home for living in is an emotional decision in India. Don't understand why folks are obsessed with excel calculations.
It becomes a poor investment when someone buys a 2nd property with the objective of capital income and rental yield as both are shit in the current investment climate and going forward.
🌅
This guy talking so many illogical things