Economy Lounge

Should you buy or rent a house in India

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:

The Arthayantra Buy Vs Rent Report 2019 tracks the real estate trends in 12 cities across India to help you understand which are the places where you can buy a house and where it makes more financial sense to live on rent.    Read more at: //economictimes.indiatimes.com/articleshow/68963075.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
The Arthayantra Buy Vs Rent Report 2019 tracks the real estate trends in 12 cities across India to help you understand which are the places where you can buy a house and where it makes more financial sense to live on rent. 

2 Comments

  1. 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…

Write A Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.