This Tenant advocated Renting over Buying but then bought a home | The Tenant

[@SD_003]

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.

[@siddhesh7183]

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.

[@ankitchaudhary2463]

@@siddhesh7183agree! Do the math and set your timelines and go for home. Being on rent is like harassment in india.

[@BhavishComedy]

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.

[@xxxyyyzzz74552]

You don't know his family. And they are difficult to beon same page. A girl has to navigate this dynamic.

[@aosaeanor]

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

[@shrishaacharya4493]

Very pratical guy .....All the best to him !!!!

[@sandeeplgupta]

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.

[@deveshmaheshwari6598]

Emotional well being is the biggest asset a person can have. This cannot be plotted on excel sheet.

[@0124ME]

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.

[@RahulJain-cd3cn]

Hi Vishal, Where has he purchased the property?

[@vishalbhargava5400]

Borivali only

[@RahulJain-cd3cn]

@ building name please

[@anuragrajasingh]

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.

[@irfan421]

Interest is a wasted expense… ok… and rent is not????

[@indiandeveloper4624]

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 😜

[@Kevin-cy2dr]

India: Charges rent like Canada but provides infrastructure like Somalia

[@atanudey7054]

Nice❤

[@sportscityflat]

He would never have kids he will baby sit others kids 😊

[@versaillesthomas]

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.

[@tunasdaudtunasdaud7629]

🌅