In #Chennai, it is better for most people to #Rent says this insightful article – I had felt this to be the case for many years.
Yes, owning a property is an emotional achievement in one’s life and a very valuable asset that you can save for your children, but in most cases, many of the poor/working class spend their entire life in hardship just for this and sadly end-up their last years unable to enjoy the fruits.
This is where the below chart is super-helpful to scientifically say for which earning bracket buy vs rent makes sense.
Thank you The Economic Times for the below piece:
Discover more from Mangoidiots
Subscribe to get the latest posts sent to your email.
Here is something that we can learn…..Thank You
Dichotomy on this issue stands similar to the other one which is even more famous – To be Single or Married ? (Excluding the recent evaluation of Live-in).Well the group on one side always envy the one on the opposite side. This argument never ends…