No , it does matter because u may not remain wealthy . At that time when ur wealth is gone you will be very happy if u have a home . Especially if u have a house with multiple floors which u can rent . Ppl don't realize when u lose wealth , the paying of your rent really destroys your self confidence and deplets whatever wealth is left very fast . So be smart , when u have wealth buy your assets , Especially your house , real fast .
@@tradingwizard562 Do you think someone who is a Billionaire doubts their own ability to not earn that money back again? Rich people mostly have the confidence of earning it back again. They are not planning their fail-safe.
He will not straighway accept the emotional angle of buying a house. Instead, he will make up lines like "out of all advantages of renting, there is one disadvantage.......
Yes, seriously! They will calculate and tell how renting is best but it’s not only about money. We can renovate a rented place the way we want and many other reasons. They just suggest renting based upon it being economical ignoring the other aspects! It’s so stressful to change houses every few years! On top of that so much restrictions from owners…
It's simple common sense: if you don't own a house, you are obliged to vacate the house within the notice period when the owner demands. That's why ordinary middle-class people give importance to owning their own house. This provides stability, especially for those with growing up school-going children, a sense of ownership, less worry and a hassle-free life (no need to repeat the address change or house hunt), and the ability to plan for paying EMI. These are all the primary reasons people buy a house. The ultra-rich may make some calculations to argue that renting is best, but when they face any of these situations, they too end up buying their own house. Nikhil, has joined join the club of other ultra rich who does not practice what they preech. Nikhil, please influence others to talk sensibly to ordinary people, without confusing them. Because many believe your views. This is an honest opinion, shared with due respect. 🙏 One more thing, please allow the interviewer to speak. Her balance sheet question was classic🎉
It’s not about finding another house within 3 months. It’s about the hassle involved which you did not plan for. When you have to vacate a house unplanned, just going through that experience would make you determined about buying your own house so you don’t have to experience that randomness again. Address changes, document updates, packing stuff, moving stuff, finding a new community, blending in, kids should like it, etc, etc. Lots of variables.
@@dilip_joshikoi logic nahi is baat mai. Ye single logo k liye possible hai. Kids aur senior citizens ho jinke ghar mai vo problem mai aa jate hai. Apni puri life ka rent mai 1 ghar aa jayega. Jiski price badhti hi rahegi. Gold land and home ye teen chizo ki price kabhi kam nahi hoti. Baaki sab bakwas hai. Rich ki lifestyle alag hai. Middle class need security. Ye nikhil jese log 1 min mai ghar le sakte hai. Isliye kya fark padta hai le ya na le they have money. But middle class ko loan emi bank documents sab dekhna padta hai. Planning and management to karna chahiye.
@@ThakurArjun247 Why should this matter to common citizen... We should stop indulging in personal things.... The man is making some educative video for free which weren't available to common citizens few years back...
Look, Owning a house gives a sense of security and stability to the entire family. APNA ghar kaisa bhi ho, apna ghar , apna ghar hota hai. And that feeling can not be compared to any value of money
The new age talk about health,finances etc cannot possibly be better gyan than age old wisdom- Nithin kamats heart scare despite all the new age healthy living tips and now the family buying their own house despite all the talk about it not making sense convinces me that my grandmother knew more about healthy living and finances than the biggest wizards of the field in the podcast world
Finally these people who give so much lectures of renting got the idea of buying a house...its not with financial security but its happiness and a safe feeling that no one will throw me out of my home anyday
@@pratik6342 So he gives all the exact reasons people give for house ownership now ? This implies that he doesn't have any scope of analysis. To not see something which was obvious. No wonder his fund hasnt done well.
@@pratik6342if that is also the case with him he should not give gyaan. What will happen to the people like me are following him for some advice or guidance in life? He's himself is not following what he's preaching to the others.
Hey Nikhil, you should have talk shows with corporate employees also, where you can discuss how a person can start and choose a career in various corporate domains, skills, expectation, deliveries, etc.
Nikhil, in US, you can get 100% depreciation on short term rental assets. If you buy 1 million dollar house, you get 1 million dollar tax write-off. That is why buying real estate in US makes sense. It doesn't in India due to policies and inflated price.
It's government failure because of which it is not liquid. Transaction cost is high for both seller and buyer , hence everyone want to go into blackmoney transaction which takes out the trust on other party. Govt doesn't have proper documentation , which makes it difficult to analyse if there are legal obligation on the house. It's simply a government failure. Buying and selling can be made much more easy if the transaction cost is lowered and government maintain proper file and keep everything online
Just a thought... If demand for buying new property declines, demand for renting shall increase and renting prices will go high.... In any case in 30 years if you own a flat.. you might be able to earn good from renting the property....
I have a friend who is a wealth management guy, who advised me to not buy a car. He showed some stats showing how uber and ola were more convenient and less expensive. And the guy has 2 cars. A small car for his city rides and a Kia Carnival for family. Matlab kuch bhi?!
I would better own my place then survive like a nomadic tribe constantly on move....I would pay EMI instead of rent and own my place and leave my legacy behind...nothing in life lives for itself...again it's my view
appreciate ur channels Nikhil , what u r getting to masses , in terms of knowledge about money/ finance/returns/inflation/taxation / MINDSET & EXPERIENCE of guests , masses never would have access to it . God bless u and give u all the growth u truly deserve
This is quite a basic one.. we all end up buying rather than renting after a while because of the hassle + rent escalation + finally comfort + buying power etc.
This is the same thing people where commenting on his earlier post on renting is better than buying a house.. you don’t want to move from one place to another even if its two blocks away..
In small town or semi urban cities people have limited options like real estate or gold. SEBI or Brokers should do something to create awareness there. Although Buying House is something emotional decision.
Many people are commenting that he has turned on his statement. Logically, for him it doesn't matter if he rents or buy as he is not paying 40-50% of his 'yearly salary' as EMIs. But for a normal individual who earns anywhere between 6-20 LPA, paying a good amount of your money to buy house doesn't make sense at least in their early career days. Thinking of buying it as an investment is even worse as the top guys of real estate in this podcast agree that you will get max 6% yield from your real estate investments.
I'm absolutely in agreement with nikhil's prospective on real estate.. Real-estate should not be a "store of value" like many of us thinks. This leads to hyperinflation at micro level. Even chai would cost you more when rent is higher but to over inflated real estate price. Real-estate should not be valued much beyond its utility value like what happens now in most of our country. This will sink us one day big big time. Real-estate should not be considered as "Speculation".. Real estate should be one of a component in our portfolio along with precious metals , equities, bonds.
He said it right.. you never knw when the landlord ask you to leave ..and you need to build your new nest all over again.only for this reason we need to buy a hime
The lady wants to laugh out loud, shes controllimg herself because Nikhil was pro renting before and had switched lately. He must have learnt a lesson from Ria chakraborty, by using SSRs money
Inhe apne ghar se pyaar ho gaya hai. Plus he is right as you get old the hassle of moving is too much. And you are not as agile in adjusting to a new place.
Ownership has different angle of happiness for family if not for own but for family definitely Those who stay on rent will never accept it .. They only put bogus arguments as to why renting is better We have stayed in rents - it is a headache for shifting every 2-3 years ..Irritating
Oh dont buy house, Oh dont buy car, Oh dont do 9 to 5 job, Oh dont ear sweet. Ger lost, no more falling for that bullshit. I am earning huge salaries, I will stay in 9 to 5, I will buy house, I will buy luxury car, I will eat sweets
It's one ultimate dream to own a house, mine too.. But no one should buy a house as an investment. Its the most illiquid asset out there, even the guys in the podcast admitted it. A house should be your home and then it makes sense because its a expense like a car with one added advantage that it counts as an asset which appreciates with time. (in case of flats it doesn't matter)
This is what I (and a lot of people) had been saying about renting vs buying. If you stay on rent, you are relying on the owner to not kick you out of that house. If it's not your house, it's not your house. You don't have say in how long you want to stay there. Also for all the middle class people who trusted him blindly, Nikhil is an ultra rich guy. He can wake up one day and decide that he wants to buy a 50cr house. You probably cannot. Which is why it is important to own the place you live in and plan your life accordingly.
I came to this after sango’s life video..he (nitin) is playing with mindset of youth just like other influencers ..he is dating rhea and says support to not to marry and if marry don’t have kids..he can buy ,sell or rent a Mumbai’s sea facing apartment on even every month and even marry a rich girl and have 10 kids at any time(with iVf or adoption..but a middle class person can buy 1 or max 2 home in their entire life. Marry once and max have 2 kids ..buying home is emotional for u and ur family..pls stop BS ‘nitin kamath’
Security and mental peace ..freedom to plan your life without the remote control in someone else's home. Have kids...you'll get the perspective literally Overnight
One imp point which they missed on liquidity is the value of the underlying...when the underlying value goes up liquidity naturally comes down ...just imagine selling and buying a stock that has a 1cr price..that's why stocks undergo splits..other hand you have REITs in real estate ... unfortunately you can't split your house and sell it in parts
this actually makes Nikhil Kamath look like an idiot. Buying and owing your own home is first and foremost about the freedom that it affords - for life. A rental arrangement, by definition, is temporary and not everything (depending on the jurisdiction) is in your control.
Nitin is against real estate as an "investment" , which is right its the worst "investment" you can make, if it's a flat. You can argue about lands but in tier-I cities you can't find land parcels anymore as it is being gobbled up by the biggies. Only in TIER-II and III is where you can find land.
Chalo, finally the tycoon got his calculation right! Sugarcoat your reasoning as much as you like. Lol..😂😂😂.. Basically he booked some profit and trying to evade taxes.
interestingly I bought a house for the same reason that he has done. if you sit with pen and paper you will never be able to buy a house, I bought one house and don't see it as investment, bought it since I liked it and see it how it going to add value in coming years. if price appreciates its good ,, but not buying in expecting a price rise. In this real estate pricing and situation this may not happen. House and car are depreciating asset.. but you need to buy at least 1 of each
Buying a house to live in it is simply not debatable. What is illogical is buying a 2nd house just to save tax or think it is an investment. That is a financial suicide. Then there are people buying houses wherever they go like they are a native of Kochi, come to Bangalore for work but end up buying a house there when they have absolutely NO IDEA if they will live there beyond 5 yrs. That is illogical. Also there are people who have decided to settle down in one town/city and will never move their family out of that town/city even if the male member/breadwinner/male breadwinner, ... if gets a better opportunity outside of that town/city will move alone. And there are plenty of such people. Then in that case buying an apartment is a good choice as it is with an objective of settling the family.
Real estate can be liquidated in 2-3 months..but it house has family value property is the only seeable asset a person can give to their family.gold also good but it cannot match the emotions of safe, secure and own place like home.... zindagi mein kuch bhi hojaye mere Ghar Jake so joaunga
They are just promoting to invest in stocks. And earn brokerage out of it. Real Estate is better bet than equity any time. Because of the low risk in nature.
when u already inherit one sooner or later u will always find an excuse to invest somewhere else.so for those of you who have n't any atleast by a plot in a two tier city.and if u want in future build a house or sell it when it gets appreciated and buy another plot a cheaper one the difference either invest in stocks or use it for downpayment for the loan to bulid a house.
हिंदी मे, आप अपने घर मे हमेशा रह सकते है लेकिन किराये के मकान से कभी भी लात मर के निकले जा सकते है। मध्यम वर्ग के लोगों से निवेदन है की कृपया जब आपके पास पैसे ही तो जमीं खरीदे और घर बनायवे इन अमीर लोगों के बात पाद के बराबर है जो थोड़े देर मे गुल हो जाता है। इनके बातों पे ज्यादा ध्यान न दे। किसी को मेरे संदर्भ से दिक्कत है तो बातचित कर सकते है । 😊
If you're wealthy..buying home or renting home literally does not matter!!
Exactly.
It’s like me renting my 500 rs chappal vs buying it.
@@VrushalYT excellent analogy
No , it does matter because u may not remain wealthy . At that time when ur wealth is gone you will be very happy if u have a home . Especially if u have a house with multiple floors which u can rent . Ppl don't realize when u lose wealth , the paying of your rent really destroys your self confidence and deplets whatever wealth is left very fast . So be smart , when u have wealth buy your assets , Especially your house , real fast .
@@tradingwizard562
Do you think someone who is a Billionaire doubts their own ability to not earn that money back again?
Rich people mostly have the confidence of earning it back again.
They are not planning their fail-safe.
Yes that's right. Only middle class has to think about to rent or buy
He will not straighway accept the emotional angle of buying a house. Instead, he will make up lines like "out of all advantages of renting, there is one disadvantage.......
Investing and emotions are two different things
When you invest, you can't be emotional. Have to be practical.
emotional aspect is on ventilator, the concept will die by the next gen
For that you need to have family first, then you can become emotional about house
His needs social validation. That's why this drama of first renting and now buying house 😂
Wow finfluencers finally realised something so obvious
Damn right. Where sharan at?
@@sumanthsid4441selling courses and becoming richer
Jab tak ego pe nahi aati... inko akal nahi aati.
Yes, seriously! They will calculate and tell how renting is best but it’s not only about money. We can renovate a rented place the way we want and many other reasons.
They just suggest renting based upon it being economical ignoring the other aspects!
It’s so stressful to change houses every few years! On top of that so much restrictions from owners…
Stability of having your own place is really important. Plus lot of stuff gets broken and misplaced and stolen in moving homes.
It's simple common sense: if you don't own a house, you are obliged to vacate the house within the notice period when the owner demands. That's why ordinary middle-class people give importance to owning their own house.
This provides stability, especially for those with growing up school-going children,
a sense of ownership,
less worry and a hassle-free life (no need to repeat the address change or house hunt),
and the ability to plan for paying EMI.
These are all the primary reasons people buy a house.
The ultra-rich may make some calculations to argue that renting is best, but when they face any of these situations, they too end up buying their own house.
Nikhil, has joined join the club of other ultra rich who does not practice what they preech.
Nikhil, please influence others to talk sensibly to ordinary people, without confusing them.
Because many believe your views.
This is an honest opinion, shared with due respect. 🙏
One more thing, please allow the interviewer to speak.
Her balance sheet question was classic🎉
You can also find another rented home within 3 months of notice.
It’s not about finding another house within 3 months. It’s about the hassle involved which you did not plan for. When you have to vacate a house unplanned, just going through that experience would make you determined about buying your own house so you don’t have to experience that randomness again. Address changes, document updates, packing stuff, moving stuff, finding a new community, blending in, kids should like it, etc, etc. Lots of variables.
@@dilip_joshikoi logic nahi is baat mai. Ye single logo k liye possible hai. Kids aur senior citizens ho jinke ghar mai vo problem mai aa jate hai. Apni puri life ka rent mai 1 ghar aa jayega. Jiski price badhti hi rahegi. Gold land and home ye teen chizo ki price kabhi kam nahi hoti. Baaki sab bakwas hai. Rich ki lifestyle alag hai. Middle class need security. Ye nikhil jese log 1 min mai ghar le sakte hai. Isliye kya fark padta hai le ya na le they have money. But middle class ko loan emi bank documents sab dekhna padta hai. Planning and management to karna chahiye.
@@dilip_joshirent= interest + emi
Profit= ghar ki kimat badhegi jab bhi 20/25 saal k baad becho ya na becho.
Say you are sick and the owner ask you to vacate at that time
Soon Nikhil bhai will get married also 😂
and will say, there is one disadvantage of not getting married....so
Rhea Chakraborty
And after that soon he will have a child too.
He is divorced
@@ThakurArjun247 Why should this matter to common citizen... We should stop indulging in personal things.... The man is making some educative video for free which weren't available to common citizens few years back...
finance with sharan punching the air right now.
Look, Owning a house gives a sense of security and stability to the entire family. APNA ghar kaisa bhi ho, apna ghar , apna ghar hota hai. And that feeling can not be compared to any value of money
If you can do so with a manageable loan, else you're running the risk of banks seizing your home. If you can buy without a loan, then nothing like it.
Sango chacha has new topic for real estate video + finfluencer bashing 😅
😂😂u also watch him??
he already did .hurry up .
I watched, it's great😂.
In general people are making fun of him ,par kisi na history sa uska video ko dekh liya tho bolange bande main DUM hai.long love Sango ChaCha
The guy whoever says to rent and not buy just ignore him for lifetime.
Most beneficial tip trust me. Just RUN.
That’s what influencers do. Do the opposite of what they advise the public. He is more an influencer than an entrepreneur.
yes, one rule for himself and another for the public. people need to be wise and aware of such advice which is easy for these people to give...
4:21 - He nailed it
The new age talk about health,finances etc cannot possibly be better gyan than age old wisdom- Nithin kamats heart scare despite all the new age healthy living tips and now the family buying their own house despite all the talk about it not making sense convinces me that my grandmother knew more about healthy living and finances than the biggest wizards of the field in the podcast world
Finally these people who give so much lectures of renting got the idea of buying a house...its not with financial security but its happiness and a safe feeling that no one will throw me out of my home anyday
Renting has advantages, if your goal is financial freedom not if you want to just settle down, then it's an emotional expenditure.
Always knew "renting is better" was a facade for a person like him
People change..even you will..your current personality will become facade for your own new personality.
@@pratik6342
So he gives all the exact reasons people give for house ownership now ?
This implies that he doesn't have any scope of analysis.
To not see something which was obvious. No wonder his fund hasnt done well.
@@pratik6342if that is also the case with him he should not give gyaan. What will happen to the people like me are following him for some advice or guidance in life? He's himself is not following what he's preaching to the others.
If Real Estate had no value, Countries won't be fighting over land all over the world since forever and it's still going on.
Hey Nikhil, you should have talk shows with corporate employees also, where you can discuss how a person can start and choose a career in various corporate domains, skills, expectation, deliveries, etc.
Nikhil, in US, you can get 100% depreciation on short term rental assets. If you buy 1 million dollar house, you get 1 million dollar tax write-off. That is why buying real estate in US makes sense. It doesn't in India due to policies and inflated price.
You don't in india????
😂 Jeet will regret leaving in 3rd world country in a few months
also be careful of illegal immigrants
I like gold is a better asset than illiquid house asset
It's government failure because of which it is not liquid.
Transaction cost is high for both seller and buyer , hence everyone want to go into blackmoney transaction which takes out the trust on other party. Govt doesn't have proper documentation , which makes it difficult to analyse if there are legal obligation on the house. It's simply a government failure. Buying and selling can be made much more easy if the transaction cost is lowered and government maintain proper file and keep everything online
The question of renting or buying a house, I think, only arose when you have sufficient money for luxury.
Was a wonderful experience with this podcast , I’m from Bangalore but settled in US now.
Just a thought... If demand for buying new property declines, demand for renting shall increase and renting prices will go high.... In any case in 30 years if you own a flat.. you might be able to earn good from renting the property....
I have a friend who is a wealth management guy, who advised me to not buy a car. He showed some stats showing how uber and ola were more convenient and less expensive. And the guy has 2 cars. A small car for his city rides and a Kia Carnival for family. Matlab kuch bhi?!
I would better own my place then survive like a nomadic tribe constantly on move....I would pay EMI instead of rent and own my place and leave my legacy behind...nothing in life lives for itself...again it's my view
Real estate is an emotional decision which is a v important aspect of decision making
Hence “never say never “
Zerodha just made a profit of ₹4500cr last year. Just saying
appreciate ur channels Nikhil , what u r getting to masses , in terms of knowledge about money/ finance/returns/inflation/taxation / MINDSET & EXPERIENCE of guests , masses never would have access to it . God bless u and give u all the growth u truly deserve
Nikhil will marry tomorrow and will come up with some obvious reasons for marrying the right person
This is quite a basic one.. we all end up buying rather than renting after a while because of the hassle + rent escalation + finally comfort + buying power etc.
This is the same thing people where commenting on his earlier post on renting is better than buying a house.. you don’t want to move from one place to another even if its two blocks away..
In small town or semi urban cities people have limited options like real estate or gold. SEBI or Brokers should do something to create awareness there.
Although Buying House is something emotional decision.
Some astrological changes in Mr. Kamath life. 😀
Infact real estate market should be completely formalised
Many people are commenting that he has turned on his statement.
Logically, for him it doesn't matter if he rents or buy as he is not paying 40-50% of his 'yearly salary' as EMIs.
But for a normal individual who earns anywhere between 6-20 LPA, paying a good amount of your money to buy house doesn't make sense at least in their early career days.
Thinking of buying it as an investment is even worse as the top guys of real estate in this podcast agree that you will get max 6% yield from your real estate investments.
But you can take leverage to invest in real estate. You can’t walk up to a bank and ask for loan to invest in shares.
I don't think you should waste your energy with this guy.
@@atulkumaryadav3047which guy?
@@BarkaDogcould you please explain it more? I didn't get your point.
That is the damn primary reason nikhil kamath. Not so smart is he. Until his ego is hurt by the landlord, he wont realise it.
The old man has no chill, he does not allow anyone to complete their sentence.
Typical boomer behaviour
I'm absolutely in agreement with nikhil's prospective on real estate.. Real-estate should not be a "store of value" like many of us thinks. This leads to hyperinflation at micro level. Even chai would cost you more when rent is higher but to over inflated real estate price. Real-estate should not be valued much beyond its utility value like what happens now in most of our country. This will sink us one day big big time. Real-estate should not be considered as "Speculation".. Real estate should be one of a component in our portfolio along with precious metals , equities, bonds.
Nikhil purchased house bcz his landlord probably denied entry to Rhea Chakraborty 😅
He said it right.. you never knw when the landlord ask you to leave ..and you need to build your new nest all over again.only for this reason we need to buy a hime
These rich people will tell you to rent flats because they're the ones purchasing and putting it on rent.
The lady wants to laugh out loud, shes controllimg herself because Nikhil was pro renting before and had switched lately. He must have learnt a lesson from Ria chakraborty, by using SSRs money
Inhe apne ghar se pyaar ho gaya hai. Plus he is right as you get old the hassle of moving is too much. And you are not as agile in adjusting to a new place.
Next podcast will be about marrying PRhea and having a kid with her. People listening to his podcasts are laughing.
Ownership has different angle of happiness for family if not for own but for family definitely
Those who stay on rent will never accept it .. They only put bogus arguments as to why renting is better
We have stayed in rents - it is a headache for shifting every 2-3 years ..Irritating
Let's realise that our middle class life is way too different than people like him
Oh dont buy house, Oh dont buy car, Oh dont do 9 to 5 job, Oh dont ear sweet. Ger lost, no more falling for that bullshit. I am earning huge salaries, I will stay in 9 to 5, I will buy house, I will buy luxury car, I will eat sweets
They are not giving her chance to speak .. hahah :)
true :( felt bad watching it.
Who the 😊hell is she anyway
True
Nikhil got guts calling them on his podcast with them knowing he doesn't think highly of their business.
What a gossip ! His best refreshment ..call bunch of guys , talk and make people watch the video ..nice time pass :)..
One house is must for everyone
It's one ultimate dream to own a house, mine too.. But no one should buy a house as an investment.
Its the most illiquid asset out there, even the guys in the podcast admitted it.
A house should be your home and then it makes sense because its a expense like a car with one added advantage that it counts as an asset which appreciates with time. (in case of flats it doesn't matter)
This is what I (and a lot of people) had been saying about renting vs buying. If you stay on rent, you are relying on the owner to not kick you out of that house. If it's not your house, it's not your house. You don't have say in how long you want to stay there.
Also for all the middle class people who trusted him blindly, Nikhil is an ultra rich guy. He can wake up one day and decide that he wants to buy a 50cr house. You probably cannot. Which is why it is important to own the place you live in and plan your life accordingly.
Soon he will marry and also have kids
I came to this after sango’s life video..he (nitin) is playing with mindset of youth just like other influencers ..he is dating rhea and says support to not to marry and if marry don’t have kids..he can buy ,sell or rent a Mumbai’s sea facing apartment on even every month and even marry a rich girl and have 10 kids at any time(with iVf or adoption..but a middle class person can buy 1 or max 2 home in their entire life. Marry once and max have 2 kids ..buying home is emotional for u and ur family..pls stop BS ‘nitin kamath’
Soon he will get married and have couple of kids ! its matter of time.
I guess what our grandparents said long ago.... Buy a house..... Still stands true...
these guys can say anything. Better not to get influenced by the influencers.
Security and mental peace ..freedom to plan your life without the remote control in someone else's home. Have kids...you'll get the perspective literally Overnight
One imp point which they missed on liquidity is the value of the underlying...when the underlying value goes up liquidity naturally comes down ...just imagine selling and buying a stock that has a 1cr price..that's why stocks undergo splits..other hand you have REITs in real estate ... unfortunately you can't split your house and sell it in parts
Believing him i dint buy a house having the money in 2022
Today same house is 6 cr more
I became a big fool
Relax .
After some year that same house has zero value of it is flat .
Always prefer to buy a land .
And build house on that land
He'll soon u turn from previously saying he doesn't want offsprings.
Yeh banda bahut free rehta hain
this actually makes Nikhil Kamath look like an idiot. Buying and owing your own home is first and foremost about the freedom that it affords - for life. A rental arrangement, by definition, is temporary and not everything (depending on the jurisdiction) is in your control.
Nitin is against real estate as an "investment" , which is right its the worst "investment" you can make, if it's a flat. You can argue about lands but in tier-I cities you can't find land parcels anymore as it is being gobbled up by the biggies. Only in TIER-II and III is where you can find land.
Freedom .
Buying a home will sease your freedom .
You have to take loan and always have to pay emi so you will not able to leave you job
The people who tell us not to buy a house are the ones can afford it
Chill guys it was a more of a ego trip for him to be right about real estate. He’s not like us who can’t afford to buy a house.
Chalo, finally the tycoon got his calculation right! Sugarcoat your reasoning as much as you like. Lol..😂😂😂.. Basically he booked some profit and trying to evade taxes.
Just value the house and mortgage it.
The interest starts only if u use that money.
If not.. Then not
interestingly I bought a house for the same reason that he has done. if you sit with pen and paper you will never be able to buy a house, I bought one house and don't see it as investment, bought it since I liked it and see it how it going to add value in coming years. if price appreciates its good ,, but not buying in expecting a price rise. In this real estate pricing and situation this may not happen. House and car are depreciating asset.. but you need to buy at least 1 of each
Where did he buy
Who is this lady in the interview,? she is just wow.
Wow in what sense?
Buying a house to live in it is simply not debatable. What is illogical is buying a 2nd house just to save tax or think it is an investment. That is a financial suicide. Then there are people buying houses wherever they go like they are a native of Kochi, come to Bangalore for work but end up buying a house there when they have absolutely NO IDEA if they will live there beyond 5 yrs. That is illogical. Also there are people who have decided to settle down in one town/city and will never move their family out of that town/city even if the male member/breadwinner/male breadwinner, ... if gets a better opportunity outside of that town/city will move alone. And there are plenty of such people. Then in that case buying an apartment is a good choice as it is with an objective of settling the family.
If you just want to live in a house go for a rental property. If you want to lead a "life" own the property.
Next is his marriage 😊...
I don't no why finfluencer overhyped this topic
If u r a billionaire..and still thinks for buying vs renting ..then r u really billionaire???
Yes. Your rent is just more than our buying :P
Real estate can be liquidated in 2-3 months..but it house has family value property is the only seeable asset a person can give to their family.gold also good but it cannot match the emotions of safe, secure and own place like home.... zindagi mein kuch bhi hojaye mere Ghar Jake so joaunga
He will soon marry too, I am damm sure. Guys, stop listening to him. I am unsubscribing.
Gem of an 'unstable' guy 😂
Buying home is always good provided that you have money to pay minimun 50% down payment.
Ladki ka chakkar babu bhaiya
Roti, Kapda aur makaan has always been the basic necessities of life. Why debate so much.
What is Nirav Modi doing over here?
You can invest 3% rent in share market monthly sip and at the same time house price will also appreciate.
He himself is so much worry about the taxation gst stamp duty but when it comes to his clients using zerodha he goes all in to collect the amount.
These guys can turn anytime on what they said earlier and fool everyone watching and following them
House versus Home. There is a difference
Girlfriend pressure.😂
They are just promoting to invest in stocks. And earn brokerage out of it. Real Estate is better bet than equity any time. Because of the low risk in nature.
Low risk low returns
Sharan crying in the corner ...!!!
The people at the table here own/constructed about 3/4th of urban Bangalore
Three men not letting a woman speak .... as always !!!
Stop playing the women card ....as always
when u already inherit one sooner or later u will always find an excuse to invest somewhere else.so for those of you who have n't any atleast by a plot in a two tier city.and if u want in future build a house or sell it when it gets appreciated and buy another plot a cheaper one the difference either invest in stocks or use it for downpayment for the loan to bulid a house.
There is a lot of supply. But then, prices are kept artificially high by the real estate lobby and the political class who go hand in hand with them.
हिंदी मे, आप अपने घर मे हमेशा रह सकते है लेकिन किराये के मकान से कभी भी लात मर के निकले जा सकते है।
मध्यम वर्ग के लोगों से निवेदन है की कृपया जब आपके पास पैसे ही तो जमीं खरीदे और घर बनायवे इन अमीर लोगों के बात पाद के बराबर है जो थोड़े देर मे गुल हो जाता है। इनके बातों पे ज्यादा ध्यान न दे।
किसी को मेरे संदर्भ से दिक्कत है तो बातचित कर सकते है । 😊
Nikhil, has joined join the club of other ultra rich who does not practice what they preech.
If you can, always buy.
Nikhil kamath is like a joker, I enjoyed but not ever taken that joker serious. Laughable joker. He decided what he wanna say