Is BUYING a BETTER OPTION in 2023? | Buying vs Renting a house: 2023 edition | Ankur Warikoo Hindi

This video comes with an excel sheet, check here: bit.ly/3RXW7NP
In this thought-provoking video, I dive deep into the age-old dilemma of whether to buy or rent a house and provide a fresh perspective for the year 2023. I analyze the factors that should influence your decision and present you with valuable insights to make the right choice for your financial future.
Whether you're a first-time homebuyer or someone looking to optimize your financial strategy, this video will provide you with valuable insights to help you navigate the complex decision of whether to buy or rent a house.
Join me in this informative discussion as we explore the financial implications of your housing choices and equip you with the knowledge needed to make informed decisions for a brighter financial future.
#RealEstateDecisions #buyvsrent #Warikoo
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[@warikoo]

This video comes with an excel sheet, check here: bit.ly/3RXW7NP My Money Apps: bit.ly/3Zg56eR My bestselling books: ‘GET EPIC SHIT DONE’: ankurwarikoo.com/getepicshitdone ‘Do Epic Shit’: ankurwarikoo.com/doepicshit My gear for shooting this video: 🎥 Sony a7III camera: bit.ly/3M42wAV 🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0 🎙 Shure SM7B Microphone: bit.ly/3O1NAVA 🔆 Fill Light 60W: bit.ly/37aJolP 💡 Key Light 150W: bit.ly/3O9nyjs 📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1 Useful links: 20 books for your 20s: bit.ly/WarikooBooks 20 online courses for your 20s: bit.ly/WarikooOnlineCourses Gadgets that I use: bit.ly/WarikooGadgets The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L.

[@amalmurikkoli7629]

Hello sir I really like your videos, and the messages that you give. I really need your help, and want to talk about it.

[@viral_agent0]

Bhai Mai aapko bank walo ki tarf se fraud batata hu bank farzi Ruppaya mai len den kar rahe Jab hum loan lete hai tab bank Hamare Account Mai Digital Number Dikha deta hai Jisne bank se loan liya hai agar nahi bharta hai to jis cheez par unhone loan diya hai usko kabza lete hai Humane baatcheet ki aap hamre sath farzi Ruppaya diya hai Agar aapne nahi diya hai to aap hume likh kar de diyje tab bank likh dene ko tyaar nahi Phir baad mai bank notice pe notice bej deta hai jab loan nahi bharte hai Iske aage manie Devender balhara ki Videos dekhi jinka Channel NIDER INDIA hai Unhone hame bataya ki 1 Ruppaya 777milligram GOLD ke baraber hai Phir hame bank ko Likhit paper mai hamne pucha ki hamre paper kay jawab deydo tab bank ka koi jawab na koi notice aata hai naa hee koi phone Iska matlab saaf hai ki bank Fraud kar raha hai Devender balhara ji ne 60 caro par 50 se jyada Jamino par experiment kar chuke hai Agar aapko meri baat mai dum lagta hai To aap inke channel par jayie kul 10 ya 15 videos mai saari baate samaj aa jaye gi

[@arnabmondal9231]

I think floater interest of bank also needs to be considered which will increase time to time. Also I highly doubt the resale value of flats. Built quality is extremely poor for most of the cases so after 20 years it will be like scrap.

[@ganeshsingh5635]

I buy a one jhopda in Mumbai which is cost 20 lakh without any loan and after that I am getting rent 10000 rs per month, because it’s 1+1 this is really not tell anyone only flat flat and I stay on a rent in a flat just paying 10000 extra for 1 bhk, @ankur warikko let me know if you have any query, you have answer on this for investing even if builder comes and they make SRA building cost will be around 30 lakh and rent 15000 which is going currently other building, so my plan for investment and earring go for plot area not for buy flat

[@deepakpurohit4743]

Cannot open excel in excel app to edit

[@youtubeaddict3041]

Ye aap sab youtubers bolte they ki ghar mat lena covid ke time, ye to bhala ho mere papa ka jo mujhe force kiye ghar lene ke liye. Aaj mera emi is same as rent.

[@surajchhatre]

Depends on your city. Mumbai me Rent is 22K but the cost of the flat is 1.75 cr.

[@sudheerkumar4886]

@@surajchhatrebut KZbinrs never know the ground reality. They come up with generic sheet which is helpful for none

[@satishgupta1021]

​@@surajchhatrefor 1.75 cr flat in Mumbai, rent is 55000

[@shrivastavaparag]

Honestly the problem nowadays is that if you are sure you are going to live in this house forever or a long time then it makes sense. Problem yeh hoti hai ki doosre city me agar move karna pade toh ghar bechna bohot badi problem hai, you will never get a good amount for your old house (kyunki har koi naya ghar Lena chalta hai and builders banate bhi jaa rahe hain) Fir doosri city me rehke rent etc manage karna bhi headache hai. So never consider buying a house as an investment.

[@sudheerkumar4886]

@@shrivastavaparagisn’t it funny. This is how we are increasing the demand for rental houses. Hence rentals are shouting up 😂😂

[@blackberryyyyyy]

The biggest motivation (atleast in my case) to buy a house is peace of mind. Land lords behave as 'Lords' sometimes. Even if your contract is valid, they can ask you to move just with one month notice. You never get the feeling of owning a house. In some societies, committee treats you like an out siders and so does your neighbor. Even the watchman do not listen to you just because you are on rent. And on top of it, the hassle of moving ever now and then also to loose friends that you make in one society... Always remember one thing, not buying a home is a decision from brain and buying is obviously from heart.

[@anncillaj]

True tat!

[@ruksanashaikh1696]

Exactly same ho raha hai hamare sath

[@temp1851]

Not buying is also from heart because heart is lazy. Buying a house is a big hassle.

[@DeepakKumar-ve9xj]

But I never face like the outsider in Chennai and Hyderabad in gated society. Infact renting gives advantage of not caring about society meeting and all. But I would suggest to purchase a flat when u have kids not before that 😊 because kids will enjoy all the amenities and your family will be safe and your kids will feel like their father is having his own home. If single and couple then renting is better as u can explore more 😊

[@temp1851]

@@DeepakKumar-ve9xj but for that too, you will need to plan for atleast a couple of years.

[@mahatvakapoor1068]

Ankur sir, I had to shift from my last flat after 1 year as the owner increased rent from 16k to 22k per month. 1 year back I paid society entrance cost of 5k, brokerage of 8k, rent agreement cost of 1500, shifting cost which was around 10k (including transportation, labor and uninstalling and reinstalling appliances) then again some 5-6k to buy stuff for new rented flat. This I had to repeat again this July. The cycle is repeated again and again over the course of 20 years, the total cost of renting increases by 30k per year.

[@naruto5437]

lives in noida just 15min drive to delhi, buying my own flat 13 years back was the best thing i did....today its value is 2.5 x BUT THE EMI i pay is less than the usual rent in noida and my sal is 10X in those years..... having a home where all family can live and share memories is great investment i didn't listen to all the influencers who would suggest not to buy house then , and it turned out great point is one should listen to all the views but do what suits best for you love that ankur has always stress on buying home

[@aajaykapoor]

Imagine the amount that would have been now, if you would have invested 13 years ago😂

[@naruto5437]

​@@aajaykapoor are bhai 35-50k monthly rent bhi deta mai vo bhi laga lo apne profit calculation mai.... I own my house in an area where I have to spend 6x the money for the same house today....i pay no rent.....i have many great memories in my house I invest in stocks too and I do pretty well there but I wish financial influencers stop embarrassing people for buying a house.... buying a house is essential ...... what I strongly disagree is...buying another house after already buying one....that's a bad investment

[@Shubhankarsabat]

Correct bro, everyone should have one house in which they live, after that stocks is good.​@@naruto5437

[@virajtiwari6928]

Just shifted from one rented flat to another. So sharing my experience. Pls include 1. Brokerage 1month 2. Somedays where you have two flats in rent for shifting. 3. Mental hassle 4. Leaves for shifting n setting up. Mins says rent .... Heart is like Bhai bas ho gya ab .. thinking to buy😢 now

[@ruksanashaikh1696]

Right. Abi hum b shift ho Rahe Hai. Mr to Navi Mumbai me rehta hu next to IT Hub .yaha 20 k me Lia abi shifting ka Karcha brokerage I

[@theindianrover2007]

Just and FYI , in Bangalore you need at least 1cr to buy a decent 2 Bhk , rent is 40k

[@Paragbandewar555]

We can also include following cost 1. Monthly property tax = 2000 2. 2bhk interior = 8 lacs 3. Home warming program = 1 lac

[@MelodiousMusic2458]

Home warming is not mandatory

[@user-dz6xs3ie5c]

2000 property tax yearly bhai

[@lollmaowow2968]

Home warming saste mein kar sakte ho. Invite only close friends and family.

[@pc9520]

2bhk interior costs a whopping 20 lakhs here in Mumbai

[@phobic1818]

Or skip it, simple. ​@@lollmaowow2968

[@k0u0s0h0a0g0r0a0]

Bangalore figures are a bit off. First, 3 month deposit is very rare. Landlords usually start with 10 months, settle on 6-8 months, and very few agree on 3 month. Also, usually in Bengaluru, a majority of landlords illegally charge a huge amount of money (equivalent to 1-2 months of rent) when you vacate the place. This is a very important hidden cost for you as a tenant.

[@mustanggt5713]

Bangalore house owners are playing games and are demanding ridiculously high rent. I got really pissed off and booked 2 flats for myself. One to stay and one to extract rent from others . As they say , if you can’t beat them , join them ! All in all , it’s a game of demand and supply .

[@temp1851]

Lol😂

[@chetanshukla768]

Ab bhai har koi tere jitna paisa wala aur bad dimag thodi na hota hai 😂

[@mustanggt5713]

@@chetanshukla768 haan bhai Teri baat sahi hai . Lekin jo hai wahi Maine bola.

[@anuragrajasingh]

Paisa ho to itna ho or varna na ho kasam se

[@anuragrajasingh]

Iisliye mere pas nahi hai 🙃

[@visheshsethiya7032]

Pehle yeh batao Delhi, Bangalore, mumbai, pune me kaha mil raha haij flat 50 lac ka. 1 crore se starting hain 😢

[@ocean1710]

Bangalore not worth to live a good life... But those who have a job there are helpless with no option...

[@asecdsi4009]

What are you talking about everyone thinks Bangalore is the best place in India

[@temp1851]

It's same as saying Mumbai is too expensive to live. Bangalore is the best place to live if you are an IT professional.

[@Sandeep-mv7tu]

So true, now a lot of people will agree to this considering the recent water crisis.

[@SanaZareenWarsi]

No I don't agree. Although Bengaluru is expensive, I think it's the best place ever to live in India.

[@srinivasaraju345]

I agree. Sometimes, you have to shift to a new rented house for various reasons. However, each movement can cost at least 50,000 rupees. I have had to change my place three times within the last five years due to my landlord either selling his property or wanting to stay there himself. These are practical pains that come with living in a rented flat.

[@harsheshshubham9910]

Ankur, Bangalore is crazy in deposits. On an average they ask for 10 months deposit. Also they would bargain only on deposit and not on rent.

[@sajanramgarhia7111]

Main Punjab mein rehta hu aur mere paas 3 shops hain jo maine rent pr diye hain. Shops 20lakh ki hain aur rent main 6000/month krta hu yani 72000/annum. 72000/20000(1% of my shops price) = 3.6 rental yeild

[@amitgautam5422]

Banglore me to 2 lakh bhi mang lete he deposit 🤣🤣

[@amitnokwal2859]

6 m advance rent

[@sankha252838]

Haha...sahi kaha bhai 😂

[@siddharthborker2225]

Tenants spoil the apartment beyond imagination. Bangalore is an expensive city. To get the apartment back in order, two months security deposit is not enough. Otherwise what kind of security deposit is it? 😊 I am financially independent and get my monthly income through rents. I have experienced this time and again. Rarely, you will find a good considerate tenant.

[@sankha252838]

@@siddharthborker2225 but even if tenent returns in good conditions, owners still deduct 1 or 2 months pay which is not fair

[@amitgautam5422]

@@siddharthborker2225 bro if it’s a furnished flat then they can ask for that much money..or deposit like 5 6 months…is it good to take that much money for an empty flats or room?

[@Kitty-nm4tn]

I live in Bangalore and was thinking of buying a house and this video came just on time..as if you read my mind.. thank you for this informative video sir..

[@mukeshbhadu1]

Khareed le bhai. Iske chakkar me bevakoof na ban.

[@aviz9830]

In Bangalore one should definitely buy. My rent is almost equal to the emi. Moreover capital appreciation is insane.

[@kedarisgreat]

A day in future when your kid will ask “Papa, aapne khudka ghar kyon nahi kharida”?

[@mogambo-ry5qe]

​@@kedarisgreatwoh khud kharid lega

[@JustChill76]

If one has money, simply buy the property. Rental is always always always always always a problem

[@manojmohapatra9938]

Bhai u will keep moving like a beggar every year due to whim and fancy of land lord.....life is no pure math ankoor sahab.....have u ever faced imminent evictions ...u know no money saving is worth mental piece of being in same house for 20 years ....collateral damage and stress is the fact most people put money on these depreciating asset

[@shabbircalcuttawala907]

Very Well Written Bhai

[@ruksanashaikh1696]

Yes

[@SPR632]

Yes

[@bytescholers]

"life is no pure math" that hit me hard, going to purchase a small but my own house.

[@SPR632]

Most finfluencers have nothing to offer if you remove equity from their content. You should definitely buy a home but at the right stage of your life. Some may buy it in their 20s or some in their 30s or even some at their early 40s. Owning a home will bring peace of mind.

[@maheshgarande7606]

Sir I am following you from while. And I like you content. My humble request is try to say Mumbai instead of Bombay. The name changed in 1996. Bombay name given by British. And our government has changed in 1996 as Mumbai. Why I am telling this to you because I am Mumbaikar. I born and brought up here. Don't feel sad about it. Feel proud and say Mumbai. Thank you

[@temp1851]

Bengaluru, gurugram???

[@ryannazir7000]

Kya bhaiii

[@dalip005]

Finance influencers bought many houses by making viral videos on why you should stay on rent and not buy a house😅.

[@suryadeo2345]

In 2004 bought house worth 30lakhs. Since 2006 i am giving house for rent fetching me 40k-50k/month. The price of same property now in 2024 is 2.5 cr. Price appreciation + rental yield of 15% approx. Real estate is king of all investments!

[@user-wt8sp5wc3z]

haha this is your luck man or you bought the property in south bombay

[@ALi-1.1.0]

Bhaisaaab: forgot a lot of things:. 1. Cost of moving a house when on rent. 2. Cost of peace 3. Cost of rent going up - depends on owner - market need and demand/supply. 4. Paying for parking & Calculation does matter but there are a lot of things - u havent consider. Lumpsump amount pr bhi tax lgtaaa hai when you take that out of SIP. When will you talk abt it???

[@AdeshKumar-go2ke]

In calculations sheet for every city, the formula for column O is "=IF(F4>B4,'Calculations - delhi'!F4*(1-Decision!$K$27)-B4*(1-Decision!$D$17),0)". Which means when rent is higher than EMI the saving is made 0. Please explain how saving can be 0 in these cases. Essentially, you are paying more rent than EMI, thus savings should become negative. Can you please check the calculations?

[@akhiltrivedi3051]

It's high time IT firms should start moving out of Bangalore. Everything here is costlier compared to other cities barring Mumbai. And in return you get no facilities: bad roads, bad traffic, no public infra, water shortages, power outages, high road tax, tax for using flyovers list is long. I have nothing against local people and the city but life here is difficult! City is very beautiful with rich heritage and amazing climate but sadly corruption, unplanned development, lack of vision is destroying this city. No light at the end of the tunnel for Bangalore...

[@saptarshichowdhury9078]

i agree..IT should target tier 2 cities

[@subramanyamshankar1767]

please move out of Bangalore

[@temp1851]

Lol. 😂. It will never happen. Bengaluru has a lot of land, unlike Mumbai and it will just keep on increasing. It has great investment opportunities and a great startup culture. It has great weather, low crime rate, helpful people and is a true metropolis with people from all over India. The metro constructions are happening at a tremendous speed as well and once the infrastructure develops in the next 10 years, it will be the leading city of India by miles. PS: I have stayed in almost all the tier 1 metros of India and I would say Bengaluru is the best out of them all.

[@akhiltrivedi3051]

@@temp1851 Answer lies within your comment itself. Even after a massive headstart city has still to catch up on infra in 10 years. My friend other cities are catching up way faster than you think. Bangalore is also one of the worst planned cities in India and you cannot fix it even in a decade as politician are busy making people fight on North vs South. Also, there are states with lower crimes rates which have fast developing cities. With all the language and 'go back' attitude people are having only shows their ill placed egos. Whether you like it or not talent will be redistributed among other cities and that's a good thing for India as a whole.

[@temp1851]

@@akhiltrivedi3051 nope it's not possible. I will tell you the problems: 1. Delhi-gurgaon: way to much population and higher crime rate. People are NOT polite. For a mild person like me, this place doesn't have the cool vibes. Hauz khas is the only place I liked. 2. Mumbai: way high rent and no way to get more land without reclaiming from sea. Also good for finance background. 3. Pune: still way too behind bangalore but is a good candidate for the next big city. It's infrastructure is way behind bangalore though. 4. Hyderabad: atm, second best city after bangalore. Decent weather, rent cost are not that high and is cosmopolitan as well. Only thing I didn't like is the politics brewing in the old hyderabad which sometimes come to cyberabad. I mean i would not be comfortable in a palce ruled by people like akbaruddin. 5. Ahmedabad: hardly cosmopolitan. No booze and non veg, meaning you would see much less diversity here even in times to come. 6. Kolkata: no comments 7. Chennai: bad weather, unfriendly people for outsiders, not at all cosmopolitan. Good for medical facilities though. If you look at this, you will find only hyderabad, pune and Mumbai has a decent cosmopolitan culture and even these places have their language and regional issues. Compare this to bangalore where the language politics hardly touches the IT hubs. Also, kannada are chilled out and I don't mind learning a language whose speakers are chilled out. My daughter will anyways learn the language at school. Bangalore also have the fastest growing unicorns, decent housing societies, has a good medical facilities and obviously great weather. Lastly, it's wrong to assume that infrastructure development in bangalore is slow. Basically, infrastructure couldn't develop at the same pace as how this city grew. But its happening at a tremendous speed now and I am pretty sure it will improve in the next 10 years.

[@AmitRedkar1]

If I buy a flat then will the price really increase after 20 years? It will be a old flat with visible wear and tear for both flat and apartment

[@tejasraval454]

What about brokerage? Two months almost every year. In Mumbai broker or land lord don't allow you to stay more than 11 months. Also , every time there is headache of changing house. Packers and movers charges etc.

[@user-gc4pw7le5i]

Things are much different at ground level. Rentals are increasing at 10%-15% every year, or even more. RoI of 8% for Bank loan is nowhere near reality. At best CIBIL SCORE YOU GET RATE OF 8.5-8.6%. Assumption if home loan is 50 lacs. A decent home is not available for anything less than 1 cr. Plenty of wild assumptions there in the video.

[@tarunkumar-mz8si]

@warikoo Total cost of buying the house calculation seems to be incorrect. As per your formula, total cost = maintenance + interest + "cost of property". instead of "cost of property", isn't it supposed to be upfront cost?

[@singerpranavmodi]

Today I saw the best video which actually explains the exact pros and cons of buying and renting a house practically....

[@temp1851]

This video is misleading and have missed many points. Talk to a proper financial expert before making that decision. It has many other factors than simple assumptions and is different for married individual with dependants and a bachelor.

[@FasterFX]

I guess the advance rent deposit amount for Mumbai and Bengaluru got swapped in this video. No one in Mumbai pays 12-month rent as a deposit. Have heard that happens in Bengaluru though

[@anuragdastider4105]

Was the tax benefit of buying a house considered in this calculation?

[@KunalSwami]

I stay in Bengaluru man, advance payment is not 3 months, it's 10 months! Where are you getting your data from?

[@barshabaruah2365]

I bought an apartment in Bangalore back in 2013 for 72 lakhs, 6 lakhs for interior. Say 80 lakhs total. I closed its EMI in 2020. In 2023, I moved to an independent house, right now I pay an emi of 1.6 lakhs INR per month. I get Rs 60,000 rent from my previous apartment. Do you think I should continue renting out that apartment or sell it off for 1.30cr?

[@soumyakantigiri]

I think I get the idea. I will employ a simple math. If the rent for a 2BHK house is >30% of the EMI for a 2BHK house (in a non-flood prone region, never buying a house in these places who have to face the water in road issue every year, mental instability as good as paying rent), then I will go for buying a house.

[@myshoppingstoryxoxo]

Rent in Bangalore is insane!! The city is becoming unbearable to live

[@prithabanerjee4705]

Not a good analysis for Bangalore. In Bangalore in my society 1bhk rent 35k including maintenance.

[@shoryabeohar1816]

Too much 😮

[@mogambo-ry5qe]

Too much yaar

[@nipunnv]

Seriously?? Bangalore rents more than Mumbai?? You must be joking, or you must have considered Thane/Virar/other Mumbai far suburbs, and compared them with Bangalore

[@anand.prasad502]

Bangalore too come to Koramangala, JP Nagar, Indiranagar, near Cubbin Park are or Central Bangalore

[@sonuyt4896]

Sir you are the master of excel sheet

[@AdeshKumar-go2ke]

In calculations sheet for every city, the formula for column O is "=IF(F4>B4,'Calculations - delhi'!F4*(1-Decision!$K$27)-B4*(1-Decision!$D$17),0)". Which means when rent is higher than EMI the saving is made 0. Please explain how saving can be 0 in these cases. Essentially, you are paying more rent than EMI, thus savings should become negative. Can you please check the calculations?

[@durgeshsawant497]

@Ankur Sir if you can please share the Excel sheet in the description so we too can calculate and come to a decision ourselves Your guidance has been extremely helpful so far..

[@HarshRaj-br9cl]

Video is flawed brother

[@diponmesh27]

Bengaluru landlords are now lords of India. Sudden increase of rents and almost 50 - 60% rental hike. Too much !!

[@marvellouschandan]

I am thinking will you really get a flat for 50 lakhs in all those cities? Unless you are buying a 1BHK. Even for 2BHK, you need atleast 70-80 lakhs in Bangalore.

[@aayushsinha2973]

Bombay doesn't have 12 Months' deposit norm at all. Bangalore has the highest deposit requirement which is typically 6 months

[@ruksanashaikh1696]

3 to 6 months hai Navi Mumbai me

[@pawansaharan4193]

What if we don't sell the house after 20 years, rent ka pesa b bachega or home ki value b badegi

[@khyatidesai82]

@Ankur: Bangalore deposit is 10 months minimum which is negotiable.. Mumbai is 2-3 months..

[@chetanshukla768]

Haan yeh bina research ke hi videos banata hai. Views ke liye galat kucch bhi bolta hai.

[@AjayGupta-ec5xh]

If we buy house without loan then could u explain what is better

[@gaureearolkar1522]

rent agreement cost, shifting charges, broker charges, efforts in moving every 11 months not considered

[@kenbomkamki7954]

I have two houses in different locations with the cost of 1.50 cr and getting 50k per month from rent excluding my 4BHK... So, what's its renting yield and is it assets or liabilities...? Warikoo Sir.

[@pb25193]

4% RY

[@chhavilovesherself1]

I really needed this video Ankur . Thank you so much

[@HarshRaj-br9cl]

Video is flawed if you haven’t noticed.

[@AdeshKumar-go2ke]

In calculations sheet for every city, the formula for column O is "=IF(F4>B4,'Calculations - delhi'!F4*(1-Decision!$K$27)-B4*(1-Decision!$D$17),0)". Which means when rent is higher than EMI the saving is made 0. Please explain how saving can be 0 in these cases. Essentially, you are paying more rent than EMI, thus savings should become negative. Can you please check the calculations?

[@sahilgoel1845]

isn't the "Tax Rebate (simple assumption)" largely flawed? Maximum rebate you can save on interest amount is 2 lakh / year under section 24B. So your effective EMI = ActualEMI - Min(16666, ActualEMI) * tax slab rate

[@PoojaSingh-ru1ch]

RAMIT SHETTY OF INDIA

[@bhubanendramishra6785]

Sir there are a few assumptions which I felt was missing , I’ll only state the major one :- The property appreciation (inflation adjusted) you’ve assumed is 8 % . So real appreciation becomes :- 8+6 = 14 % I think this is impractical , if you consider stock increase of just 10 %. If you increase the stock increase to 14 % , the decision lean towards renting a house

[@AdeshKumar-go2ke]

In calculations sheet for every city, the formula for column O is "=IF(F4>B4,'Calculations - delhi'!F4*(1-Decision!$K$27)-B4*(1-Decision!$D$17),0)". Which means when rent is higher than EMI the saving is made 0. Please explain how saving can be 0 in these cases. Essentially, you are paying more rent than EMI, thus savings should become negative. Can you please check the calculations?

[@uzairmirza7818]

Samjha nahi but sunke accha laga🎉

[@HarshRaj-br9cl]

Man did 72-81 and 49-40 maths and thought we wouldn’t notice. Look carefully guys what he took under “expenses”. One side full cash outflow is expenses. Other side, outflows in the name of investments is saved.

[@Ashu-if8ry]

Par itna paisa bacha ke bhi ukhad kya liya jab khud kaa ghsr hi naa ho. Mental peace bhi kuch hota . Log kamate hi mental peace ke liye hai ki jindagi mai dikkat kam ho. Ek excel sheet ke assumed data se apne aane vaale 30 saalo ka bhavishya koi murkh hi tay karega. Jab batane vaala khud kiraye pe nahi rahta to aap kaise apna bhavishya uske kahne pe tay karoge. 😊

[@hasikethahaake8946]

Sir ji sorry to say but Jo house hum buy krenge or usme ek portion hm rent par denge us par b jo income hme hogi..wo isme cover hone se rh gya..

[@user-gc8mu1op5e]

Thanks for the excel sheet

[@healthyliving4u2]

Your work is true on papers but in reality everything depends on the brokers and landlords dramas. Imagine a rude and greedy landlord, once you suffer then you will never like to rent again.

[@rahulsehgal7569]

You have assumed that difference between EMI and rent will remain the same as of first year and one can invest the difference @10%. Whereas rent will keep increasing and EMI will remain same. Eventually rent will be more than EMI

[@user-wt8sp5wc3z]

brother bank also charge floating rate of interest rate if you keep your emi same then bank increase your loan tenure and

[@GS-er8ms]

You don’t get flats for rent in gated communities in Bangalore for 15 k , 2 bhk rent starts from 25 k and goes up to 55 , 3 bhk starts from 35 and goes till 1 lakh or more as per the size of the flat ! This is applicable for good locations which are near Tech Parks e.g ECity, Whitefield , HSR and Yalankah !

[@Er.ConnectAllinOne]

It is all due to the bad transport system of Bangalore. Do u know that in gurgaon also near any ciber city rent is very very High. But due to the good transport system of NCR people choose to stay away from prime locations.

[@anandmyana4629]

Buying is always only one option,instead of renting use tht amount as EMI so that in future u will hve ur own property.

[@poojadas7194]

One thing calculate nahi hue, ghar kharidne ke case me rent nahi dena pad raha h wo nahi calculate kiye.. and agar investment purpose me kharid rhe hn to kya? Long term ke liye rehna to mandatory nahi h na usme ??

[@NehaJain_]

This is a read only Excel, and i can't make changes in this. Can someone pls help me what to do?

[@kushanrai]

@ankur why have you not considered rent in buying house decision? I am earning a rent also when I buy a house and rent it out

[@bimal08patel]

I agree ..if you are planning to stay in the same city for a long time ,then it is always good decision to buy a home irrespective of the excel calculations..

[@warikoo]

Agree

[@adityashyam6794]

@warikoo Could you explain what the 'Analysis period' is from the excel sheet you showed?

[@monugupta32]

Such a wholistic look at the comparison, thank you for this!

[@AdeshKumar-go2ke]

In calculations sheet for every city, the formula for column O is "=IF(F4>B4,'Calculations - delhi'!F4*(1-Decision!$K$27)-B4*(1-Decision!$D$17),0)". Which means when rent is higher than EMI the saving is made 0. Please explain how saving can be 0 in these cases. Essentially, you are paying more rent than EMI, thus savings should become negative. Can you please check the calculations?

[@hemantkumar7022]

Excel never matches with reality .

[@niranjankumaryadav8614]

Bengaluru its ten months advance, in most localities of city

[@rishabhkumar7386]

Incorrect assessment, you won't be able to invest [EMI-Rent] amount after 4-5 years because Rent will increase but EMI will remain constant.

[@iamanubhavdutta]

Hyderabad has a median rental yield of around 4-5%. For that rate, even your Excel sheet says 'Buy' ;)

[@prasukjain2683]

But the thing is that you can't live at same place for 20 years on rent. Landlord xan do whatever it wants with the house And believe me guys house bought or rent do this with your own analysis because in india every street house have different values and future values So think it of your own mind

[@VanshGarg-mm3dk]

Bhai maintenance kya rent mei nahi lagti har 2 se 3 saal baad Ghar change bhi to karna padta h , vo sab to Lia hi nhi

[@sugatasen6533]

Don't know what is your source of data about Mumbai. A 500 sqft 1 bhk in a good locality and society in distant suburbs of Mumbai costs Rs.1.2 cr minimum. So in Mumbai rent can never keep a reasonable and logical pace with it's price.

[@AlokKumar-mp3mv]

Good to have this excel sheet. The only part which needs some calibration is overall assumption. - as per video, hope everyone will be living above 30 yrs, so it is wise to buy. If someone stay for short time, it’s common sense that people will not buy house as daily provisions. - In more than 4 decades, I haven’t witnessed any house only increasing by 50% in 20 yrs. increase from 50lakh to 72 lakhs in 20 yrs. - the avg repayment time of 80% home loan borrowers is around 8-10 yrs in last 3 decades. I don’t see any different in future as well. - How many years it will take for the person in 20% tax bracket to accumulate 50lakhs which is assumed. There are many things, which can be explained on how people look at it, as

[@AdeshKumar-go2ke]

In calculations sheet for every city, the formula for column O is "=IF(F4>B4,'Calculations - delhi'!F4*(1-Decision!$K$27)-B4*(1-Decision!$D$17),0)". Which means when rent is higher than EMI the saving is made 0. Please explain how saving can be 0 in these cases. Essentially, you are paying more rent than EMI, thus savings should become negative. Can you please check the calculations?

[@ravimishra7533]

Hi Ankur, Can you recreate the concept again; Movement of rented house every 2 to 3 years cost over 10 years.. Rent has spiked almost 50% near delhi NCR Another important aspect not emotional rather practical on renting a house is an address on documents for renting a property. People from small town do not necessarily has parental house which becomes necessity to buy in Major Cities like Delhi NCR, Mumbai, Chennai or Bangalore. Atleast 1 house A viewer 😊

[@subhartheedey1961]

Your excel needs correction. In Bangalore, every where they take around 9months advance , sometimes 12months. And rent for standard 2bhk is around 25k. I own 2 flats in bangalore, so i know the ground reality.

[@neha160390]

What about the case when you intend to live for only 10 years and want to rent the property out later when you move to a different city?

[@vineetpathak6344]

You did not add the benefit of rental income in buying option. When we move to bigger houses, older houses either earn massive rentals or act as down payment. I think, the math is more complex than presented in this. I bought a house in Pune for 29L all inclusive and the rental is now 13k. With this trajectory, the rental income will surpass the emi in 10 years. Also the DP was only 10% so for the 10 years my emi's are discounted at a conservative 15% due to tax benefit.

[@thenaughtyanil]

2bhk flat decent will cost you 25k to 30k in Bangalore, apart from this advance is around 1+ lac. Recently i purchased flat that time circle rate was 3750 and immediately govt increased it to 5150. And now i satisfied with my decision

[@user-gc4pw7le5i]

Real estate is currently in a rampant bull market. To actually compare buying vs renting decision, you need to compare this to 200-2007 scenario, which will actually be a faur comparison.

[@abhijitkhopkar1500]

In Bangalore they ask for ten months of deposit not three months. You can negotiate at most to six months.

[@atulpandey6500]

Peoblem with such analyis is that they keep on adjusting rental yeild based on current price of thr house but in reality my purchase pruce remains fixed and rent keeps on increasing. If i buy a house for 1cr then my yeild needs to be calculated based on 1cr. Doesnt mstter if price is 4cr after 10 years

[@AdeshKumar-go2ke]

In calculations sheet for every city, the formula for column O is "=IF(F4>B4,'Calculations - delhi'!F4*(1-Decision!$K$27)-B4*(1-Decision!$D$17),0)". Which means when rent is higher than EMI the saving is made 0. Please explain how saving can be 0 in these cases. Essentially, you are paying more rent than EMI, thus savings should become negative. Can you please check the calculations?

[@nishantgoel3126]

Your information on Bangalore renting is wrong..here advance deposit for the 2bhk flat is ranging from 6-12 months...nowhere it is 3months

[@nitishgupta6463]

Found a new reason why not to buy a house Entire north india is seismic zone Means very prone to earthquakes People forgot 2001 gujrat earthquake Essentially means 2 bhk is only worth as much as a mid size car

[@Ashu-if8ry]

Entire North India? Bro skipped the whole geography 🫡

[@manishmishra6245]

Society's maintenence monthly charges costs around 3500 to 5500 ...consider that also Plus annual property tax

[@temp1851]

You will have to pay the maintenance cost as a tenant. The owner will not pay for you.

[@genuinethoughts238]

One assumption is wrong here, Real estate growth is also different in different cities. Bangalore rent has obviously skyrocketed but it is because of the insane increase in real estate price of buying flats in benga6

[@temp1851]

India's gdp is growing at 6-7 per cent, so it's fair to assume that average earning of middle class Indians (the blue collar jobs) are increasing much more than this. So, safe to assume that you will see such raise of property prices and rent will skyrocket as well. It started in bangalore, but it will soon catch up in other metros as wellm

[@kalpeshpanchal7411]

Mumbau me kaha milta hai 50 lakh me ghar bhai. 80 lak to 1 cr me 1 bhk ata hai

[@mogambo-ry5qe]

Atleast one home should be there be it 1 bhk but should be owned for family security and mental peace.

[@FilmiReactionsOfficial]

Forgot about Mumbai, i stay in sub-urbs.. Flats rates here in 20 year become double.. I took flat in 27lakh in 2015 in that area flat prices were 3-4 lakh in 1997 and i am sure aftrr 20 yrs price will be double because aj yaha jo flat leta he usko same building me same area costing 35 lakh so more than 20℅ rise in 8 yr only

[@akashrautela8480]

hi ankur warikoo sir, love for videos, can you please do one video on the latest p2p apps/websites claiming 12-18% return PA. Please can you also explain how they work, are they safe and trustworthy?? Please make a video or at least reply. Love your videos where you explain via excel sheet.

[@kishoregudipati1]

Your calculations are one-sided promoting Rent than buying. Few points to call out. 1. You didn't change the rental yield as per rate of growth of property. Although you added 10% increase of rent monthly, owner will not let you be a tenant for 20 long years in the same propery. So when you vacate, they will add 10% to the new tenant + new rent yield as on that date.And when you become a new tenat of another owner, same applies to you. 2. On Buy side, you added emi, but didn't subtract rent benefit you would have lost had you not bought that property. Add 10% every year to the rent benefit. May be in 10 years your net outgo is zero or negative when you deduct rent (potential) from close to constant emi

[@kishoregudipati1]

For your self use, if you have money and are able to afford the EMIs, no second thoughts. Buy it as young as possible. Don't get into these excel calculations of 12% returns on EMIs. These look good only on excel. As you grow in your career, that emi will be like 1/3, 1/4, or even smaller portion of your salary and a good asset is created that gives you sukoon for lifetime

[@kishoregudipati1]

My own experience, I bought a 3bhk 13 years ago (My age then was 30 years) for 35 Lakhs. Assuming my emi was 40% of my salary then. Rent I saved initially was 12k. Today it's rental value is 28k, paying same 35k emi with (7 years left). Value of property became 1.1 crores. The same emi is now 1/10th of my salary. Plus I can live in the same flat for another solid 25+ years. After that we can go for Re-development if I am alive 😂. Else my wife or children can enjoy that without paying rent for another 30+ years. Above all this, my family will have so many memories and peace of mind during this period.

[@harshitharao7987]

@warikoo Sir, request you to talk about leasing the house vs renting the house

[@creativeram6377]

Ghar (flat) as a investment consider karke bhi video banaiye please. Like agar khaid Kar rent par laga liya (flat possession after 5-6 years considering). Please is par bhi prakash daliye. ☀️ 💰 ❤

[@kausikghosh6892]

sir it's a humble request please make a video on asset allocation, how we can manage investment through asset allocation and maximize our return. Please teach us in asset allocation

[@bhupendrapatil2190]

Love you brother mind-blowing mind set

[@nitishgupta6463]

Biggest variable here is interest rate If we are going to be developed country interest rates will be too low so asset prices should shoot up, but catch is it has already shot up to levels of newyork n i dont think they can go any further Worst case US including all countries starts defaulting debt in that case interest rate will shoot up sky high n assets will crash to ground, which is most probable case Hence dont buy About rents can only be jacked up for 6 months if they try too hard its not sustainable Im a land lord n have lot of landlord friends, U dont know how shitty is rental market is My friend in bangalore renting place without increase for 8th year Also willing to rent other properties for same rent as it was 5y earlier, condition being they pay rent every month promptly 😂😂 Even i havent increased rent since 5y to any of our property Mind it, things dont always go up, their is always a ceiling for everything

[@mitadas5012]

Khud log ghar me Rahane se aur apne Ghar rent me Dene se kya fayda hai ya nuksan h bataiye

[@vt68041]

Calculation Acha hai lekin practical nai hai .....because my father bought house 10years back it was worth 1.3cr and now it worth more than 2cr ...so practically uska worth double ya triple ho jayega 20years mai ...

[@bidyasagarboruah2190]

Why say that Bangalore works on a 3 month deposit, which is not true .