6 TRAPS : Middle Class will never be able to buy Own HOUSE | GiGL
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- เผยแพร่เมื่อ 4 ส.ค. 2023
- 6 TRAPS because of which Middle Class will never be able to buy Own HOUSE | Middle Class New Worry
6 TRAPS : Middle Class will never be able to buy Own HOUSE | GiGL
In this video I have talked about why it is becoming difficult for a middle class person to buy a house. I hope you will like it.
Jai Hind
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Ghar ke price tine zaada increase ho rahe hai ki ek middle class ko khud ka ghar khareena almost impossible ho gaya hai../ Even jo crodo. ke ghar me baithe hai vo khud bhi abhi usi ghar ko khareed nhi sakte.. because cashflow nhi hai??
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Sir please 🍬🍬 make a strategy vdo for a student to do our goal...
Sir Mack video for tech startups and digital business and startups ❤❤❤❤❤❤❤
Good Morning Sir
Ty sir, of useful information
But it will be great if you provide solution to own land and house
Thanks bro for information don't invest huge money in property invest in business or stocks or mutual funds plz guys don't be emotional like I want my own house at any cost firstly focus in your career earn more invest more first build assets & then buy liabilities ok friends
• *UNAFFORDABLE HOUSING*
• *CORRUPTION*
• *INCREASING LAND PRICES*
• *LAND DISPUTES*
• *RENTED VS OWN HOUSE*
• *TAXES*
But , to understand its root cause and in detail i will recommend you to watch the full video .
75 %population of India youth under 24 and your TH-cam channel best awareness in financial great work bro ❤❤
You forgot to mention the main reason behind the increase in property prices. It is the bureaucrats, businessmen and politicians continuously buying one property after another just to convert their uncountable bags full of cash into an asset with a high ROI. Thus leading us to the problem of "Benami Properties", you may find 100s of massive multistory buildings in places like Noida nd Gurugram where nobody actually lives. You've mentioned, in your video, that "India is paying approximately $700 Million in bribe" and the example of that guy caught taking bribe of 1Cr. Rupees from a builder. Have you ever wonder where he is disposing such huge stack of currency notes which his entire family won't be able to count ? Yes, by buying property out of that cash to another corrupt person and then after some year selling it with a margin to another corrupt person, again in lieu of cash, unfortunately governments are least interested in such parallel black economy as the stakeholders are themselves a part of it.
Perfect
Bhai to tum v khareed lo property. Ye sab Aisa hi chalta rahega. Corruption will never come down neither the prices of property. So buy real estate and watch. It will make u dabang.
@@chinmayeepatra2052😂😂😂😂😂😂😂😂
@@chinmayeepatra2052 yahi to problem h
@@chinmayeepatra2052it will
Singapore wala law " one person can buy only one property"lagega nahi, kyunki saare politicians hi property me black money lagate hai chahe wo ruling party ho ya opposition.
property would be in driver name
Not only in metro cities, other cities also have higher price of land & flats for purchase than these major A class cities. It's now more difficult to have a own home.
Ranchi real estate rates are much higher than most of Kolkata😂😂😂😂😂😂
For the cost of house in mumbai,you will get the same in cities like NYC,San Francisco,so the rates are same.
In USA,in small cities,or country side you can buy a spacious house for the same size
Then Get me something in NYC in 1Cr 😂
@@chinmayeepatra2052 bro what do you get in 1 cr in mumbai? I mean central mumbai,and proper mumbai
I don't mean thane and such out skirts places
@@nareshagarwal7721 rk u can get in less than 1 cr. In south Mumbai property rates are decreasing. As their not much white collar jobs exist anymore.
Biggest problem is health problem but
Most people face financial problem
Dear bhaiya your middle class video series is really helpful for all the middle class to consensus & awareness about all there next well moves, decision and approach... we all are really thankful to your this video series...
thank you❤
Side effects of rented house 1. High deposit money and may be when you will leave you may not get back the amount. 2. Broker cost 3. High furniture moving cost. 4. No independence and owner may behave rudely and ask anytime to leave. 5. You can't renovate according to your requirement. Note:- No owner will allow more than 10 years. So own house is 10 times better for middle class.
Both have advantages and disadvantages it's a very personal choice there is nothing wrong if we own or don't own it's simple if you are rich 🤑 u can buy how many properties u want if u r poor and soul bread winner then filling the stomachs of your loved 😍 ones is important rather owning a independent house one thing I will surely say never buy a house by taking loans u won't sleep safely during nights atleast you should have 75 percent with u to own a house for comfortable sleep.
Obviously owning is better choice but you can't own it without huge challenges as laid by video. These cons are nothing as compared to it. Plus one is stuck physically and financially.
@@ajayjzkYup pay EMI a person needs to have a stable career job, Which is difficult in the age of AI and outsourcing in other cheap country
Tu pakka property broker hai
High deposits, broker costs depends you can have a rented property in 8k and even 35k it all depends. Independence is same as own property and if a landlord misbehaves then stop giving rent and file a civil case. After 10 years a rented house becomes own. Both has advantage and disadvantage. Owning house is better option if your earning is good and there is more than one earning member.
I think buying a house in US is a better option 😂
Lagta ha Chips mang ra 😂😂
Australia best hai
Good idea and sensible investment
Can't compare with US becoz there 1 million price is normal for 3 bedroom house approx Indian 8.5 crore nd em in NEw Zealand here 3 bedroom house price is about 1 million nd in city it's more than 2 million 😂
Happy friendship day gigl you are my lifelong and true friend 😊
Thank you 👍 my vision totally changed
Bhai ek Family ke liye rent pe ghumna bhot mushkil hai isliye rent pe nahi rehskte mri family 16 saaal se rent pe rehri h me smjhta hu rent pe rehna kya hota hai isliye apna ghar must hai bro
Corruption is making life worse for people, that's why people are migrating to a developed country for a better future for their kids.
In surat , rent for one flat is 20k/m but prise is 1.5 cr, on which you can earn 90k per month interest . So i chose not to buy , also we have freedom on rent to change flats..
Where do you live in surat?
Rent keeps increasing every year so buying flat initially may seems costly but for long run it's good as the cost of flat which you buy also keeps increasing if now its for 1.5cr after 10yrs its price will be around 3-4cr or may be more.
Wow 😮♥️♥️
@@hs37737and you will make property for future generations to.
@@hs37737in my area (Surat) rent in 2010 was 15k/m right now it is 18 k to 20k p/m .
यहीं होता है जब छोटे शहरों को ध्यान देने की बजाय बड़े शहरों की तरफ विकास होता है
Chote shahero me shanti aur aaram wali life milti he
After watching it my respect for my father and mother increase even more
I remember when i was yound they save for down-payment take loan
And at every point govt employees take bribe just for push file
For every permission
And housings material like cement bricks and iron price are fluctuating so they redo the budget
and labours are also very low quality they do mistakes and waste lots of construction material
And not to work correctly if not under supervision
Yeah I agree bro💯..but at that time cost was also relatively low and rate of inflation was also not that high
@@prashbkyes but Income was also low and don't say 20-30 yesrs back
My house construction was completed on 2009
bhai unke time pr income to cost ka ratio bhi jada tha
GIGL really help us in every aspect of our life. They care us even more than our RELATIVES. Thanks 👍🏻
Sapna hai tumhara, bhai inko views chahiye hotte hai buss, zara socho 20 years tak koi rent hi pay krta rehta hai or apna ghr nhi leta tou jab wo budha ho jyega tab kya hoga or rhi baat uss paiso ki jo usne emi mai dene se bacha liye kya wo stock market mai invest kr payega kbhi nhi lekin agr khudka ghr hoga tou atleast uske paas khudka sahara hoga budhape mai.. Ye kisi ke sagge nhi ye jitna jldi smjh jao behtr hai
Buying house is always better option than rental home...if you rent house for lifetime your children will also has to bear same burden if buy home it will stay with generation and will give good life to atleast your child
You never know
But i think Apna Ghar is Apna ghar ... Becoz jab aapki age ho jayegi tab koi rent pe property nhi deta aur bhi kayi alag tensions hoti h... Isliye apna ghar hona zaroori h aur mujhe lagta h
Hum ghar ka budget toh control nhi kar sakte but haan location toh compromise kar hi sakte h... Hum desh k mehenge city mein na reh kar thode less expensive sehero mein ek ghar kharid k toh rakh hi sakte h jo budhape mein aur apki agli generation k bhi kaam aayega... Aapki yeh video best idea deti h, metropolitan cities mein rent pe rehna best h... I agree ❤️
That buying house in tier 2 is suitable what if your office is in Mumbai or banglore and flat is in building and building has a life after which it collapse but plot is forever can pass to next generation
@@arjuntyagi5860 I agree plot is always beneficial in long term... I was just saying in the context of a flat/own house...
buildings goes for reconstruction.
I don't let my rent increase. I just move if the rent increases beyond a small token amount.
Last 6 years my rent per month was
17000
17000
18000
13000
14000
12000
The lower rent was due to covid.
But I don't like paying more than 20k for a 2-3bhk in Delhi.
My friend pays 12k for a 4bhk in greater noida(gated colony.)
Good.
If middle class buy home now then their next generation will get the benefits...may be they have to struggled a lot now..
Your videos are really helpful please keep making such videos. I am a regular viewer of your videos. Keep it up gigl
I live in the outskirts of Ahmedabad, here a normal 2BHK costs more than 1cr... We can't even think of living in posh areas. Though Ahmedabad is the cheapest metro city...
Flat or house?
@@kshitizavasthi5804flat .....house hota to india jyadatar bhk ke baad house suffix add karte
Vishakapatnam and Bhubaneswar top two cities
Thank you soo much bhaiya
Sharing a information video's
May God bless you.
Excellent video 🎥 thanks for the information in very detail
Much needed insight 🙌👏
Your financial video are always best... ❤
I am now 26 and middle class I already bought a new house a year back with just 10 years tenure worth 1.5 crore. I started working in the age of 14 it self . It all depends how you save ,invest and spend money. Hard work and determination can make anyone buy a house it's not a big job
Wonder what job it was.
@@sauron2000000tail chtai
Andar bahar (Titu mama) 😂
Kaha kaha se ajatey hai bakchodi karne
Your vdoz are too helpful for everyone,
Thnku sir 😊😊😊
Problems sabhi batate hai... Solutions jo batata hai wo sahi banda hai
Rental yield is less than 3% so go for rent ..😂😂
😂❤❤❤❤❤❤❤❤❤
how about old aged population no one give their property on rental to them. That why peoples like to purchased property in their young age to save guard when their get old
Just buy a flat and atleast 2-3 generations will not have to worry about house and then the increasing flat prices seems good because our flat price also keeps increasing. Paying rent just takes away mental peace and we also don't get ownership
@@hs37737Valid point ☝️
@@hs37737 so true
The best thing is to either go to abroad or purchase house in 3 tier cities to live after retirement . The best is to live in metro cities in rent if you can't afford to buy a good house .
Thanks for the valuable information and nice presentation.
Mujhe finance me bahut interest hai karke ye video dekh rha hu aur knowledge ke liye baki mai 3800 sq ft ke bungalow me rehta hu Bhilai me 😂
Love from chhattisgarh sir... Since 2016..
U opened my eyes.. Thanku
Phle log bicycle use krte they ab car
Phle log pankhe use krte they ab AC
Phle handpump ka pani they ab refrigerator ka ,
..is trh aur sb bhi to jaise jaise age bdh rha log ki ikshayen bhi bdh rhi to money to lgega hi...simple🤗🤷
Good very useful information thank you sir
Thank you bhaiya 🎉❤ for that video
Rental price now a days don't increase on a average of 5-6 but 15-25% come to Bangalore and see the basic proce for even a 1BHK is going from 25-35k a good 3BKH in a apartment can fetch from 60k+
Better to buy a home if u can afford ot even a 2bhk is fine once u have it it's your property u can even sell it in future or rent that out.
People have different scenarios they should chose accordingly.
I think buying a flat or home is better because if I have to stay in tier 1 or 2 city you purchase a home in 1cr. and including emi's and gst it becomes 1.30cr. And in next 20-30 year I renovate it in max. 70 lakhs and till then the price of the flat skyrocks and goes to 10-12 cr. Or more then I would sell that and shift to my hometown.
Invested - 2-2.5 cr. (Including other costs)
Return - 12cr.+
Feel free to correct/argue me in replies ✅
But how we can arrange this large sums of money
Purani building ki koi value ni hoti kisi purane flat mei jake dekhio jo aaj se 20-25 saal phele bana ho building khatam toh wo flat bhi khatam
Isse acha stocks and reit mei daal aur jab shift ho hometown toh bhech dio stocks ya unn flat ke paiso se hometown mei property lele aaj rent pe rehle
But if u invest same 1.3 cr in lumpsum at 12% ....thn after 30 years amt is close to 42 cr
@@kshitizavasthi5804
But main problem ye he ki 1.3 cr invest karne k liye at day 1 hone chahiye.
Kyu ki ghar / flat kharidne k liye hum 20 to 30 lac down payment bharte he & baki loan karte he.
Agar sirf 20 - 30 lac bhi invest karna he (at day 1) apane saving me se to bhi itani risk lene ki capacity chahiye.
@@kshitizavasthi5804how which investment strategy are you following
Very well made and informative video
Achha rural area or apna village mei settle hona hi achha hai ,no pollution no extra spends ....
When your Mumbai house making by cardboard... You have opportunity to meet your neighbour 🤣🤣🤣 without knock doors
Conclusion - Indian stamp duty and GST is very High... So. Brave people leaving India
Very Nice Video Sirji....
Bro great knowledge I watch your video from a year ago and I got so much knowledge
Sir mujhe aapki financial videos se bahut help mili aur main aaj khud ek better investor hu all thanks to you the way you explain everything with intersting examples is really very appreciative keep doing good work and stay healthy
Batao kaise
@@DHEERAJCPR power of compounding ke importance ko samajh ke one thing I got to understand that it's a very slow and tedious process and you should not invest that money which you need on a very urgent necessities like medical educational or marital purpose and your investing goal should be on a longer tenure
I am from Ahmedabad, Gujarat.
From last 4 months I am looking for to buy 3 bhk .
I visited almost 45-50 new launch projects.
From their Almost every sales person is asking 70% documents and 30% cash (black money) . Only 5 projects are allowing to buy from 100% white money.
Note : Current Gujarat CM is known builder , I have visited those projects and even they are asking also for 30% of black money.
Plz tell what 5 projects are allowing to buy from 100% white money. Looking to buy
Bro why ur comparing city like Mumbai it was expensive & always will be there other cities where people can live
In India are high in property tax😢😢.
it every where even in canada v needed to paid 7000 cad on our property taxes every year
One of the best videos on real estate
Good informative video 😊
Very knowlageful video 😮😮😮😮
Sir tusi great ho❤🎉🎉
Informative information.
Thank you so much sir is video ke liye 😊.
I am amazed why properly in gurgaon are so expensive, city is dirt. Long powercuts, submerged roads in rainy season, pot holes are common scenario. 😂 I was planning to purchase flat here but now I have changed my mind. I am happy to live in rented house. I don't want to own such expensive flat in this dirt.
Bangalore many houses are in revenue layouts not having KHATA but the prices have gone to crores
As per government rules KHATA certificate is mandatory for registration from now
This content is excellent
Brother if u go in other districts like chickballapur district u will 45 lac rs gunta 😂😂😂
Best Channel To Upgrade Yourself With Knowledge !!
You show us reality 💖
Great knowledge sir
The next video should be 'how to overcome this crisis...may be some finance tips?'
Most helpful channel
❤ thanks 👍
I guess Industry should move to city like Ahmedabad where there are enough affordable houses are available.
That scene is of Hirandandani
If agr salary thik hai kisi ki to source of income badhne honge.... Or agr 1-2 cr ka ghr emi pr hi lena h to rental ko main focus me rakhe....commercial me hi residential plan ho jaye and rent apki emi ki tension ko thoda kam kr dega... Or 50 lakh se kam me ghr India ki kisi bhi city me aana impossible hai isliye agr ho skate to tier 2 or 3 me plan kre future. ..
Living expance kam honge and local business bhi plan kr skte h
Your thumbnail is so damnn awsmm😻😻
Aur aisahi...video chahiye
❤️ Love ❤️ from ❤️ india ❤️ jharkhand ❤️ jamshedpur ❤️ jugsalai ❤️ chaprahiya ❤️ mohallah ❤️ 0:22
This video is very informational but also make video on solution of this problem...
One of my favourite TH-camr❤
Ty hemant sir ...❤
Rented house wont give your Status in society.. Only owning house makes you respectable - as per middle class
but this is Harsh reality
Mai chandigarh se 25 kilometre door Village me rehta hu jha par 1000 gajj ka plot 7 lakh me mil jata hai
Land ka rate bahut kam hai
Ek baat aapne miss kardi bhai, registry amount aur property kharidne ka amount alag hota hai. Govt. Rate 5000 sq. Feet hai agar kisi area me to to property 10000 rs square feet me milegi.
Thank You So Much
Bro pls make videos on real estate of Kerela because he here too houses are costly even in rural areas
I still doubt your supply vs demand graph... In fact in many cities the unsold inventory of builders is huge
Bhai I'm following you from last 3 years.
Your videos regarding finance are awesome.
Now how can i learn video editing like yours video???
I am from Dharavi and day by day flat rate is increased and alhamdulillah I have my own house.
Price depends on demand. If you're not trying to impress a date, you can live in a cheaper locality.
That means a longer drive, though.
Builders should themselves live in these houses. People should stop buying any flats at all, let these crooks enjoy the unsold flats then 🙂🙂🙂🙂🙂
Thanks Gigl and their team ❤ . I would like to request you to make a video on investing in US stocks market like Google, Apple and how much we have to pay taxes to the government on our long term capital gains . Please 🙏🏻
Love from BIHAR-ARA bro❤
As a middle class let us start a silent protest of reduced consumption.... Let us buy only vegetables and essentials... Reduce even fuel expense also if possible.... Then the price of items are going to come down...
Try living with a minimalist mentality...
Make a video on this possible?
If you buy home now for 2 crores, when you turn old your home is worth 5-6 crores means your children’s have capital.
If you only rent a home, means your money is gone and nor you have capital!
Even if you save 4 crores working hard whole life in 20 years with inflation your cash is worth 50% less, since same house will cost then 6-8 crores !
Smart people invest in real estate and both family members work. Although there are some orthodox men who make their educated women’s turn into homemakers then it affects their children’s in future and generations to come.
All family members must work until 65-70 years, working keeps our brain active and our physically active, retirement keeps us redundant.
Kaam = Karma… so, work hard and invest in home.
Bhai yeh kaha se seekha Aapne... Wisdom ka source kya hai...
Practical sahi bola aapne
Thank you so much 😊
Main to apne gao me hi shi hu🤩
Bda ghar
Khuli hawa
Natural sabji aur anaaj 😍😍😍😍😍
P good video but also show the alternative process
Nice bro ❤
SUPERB
Another reason is governement is not focusing in developing Tier 2 and Tier 3 cities, job creation and all
Greatest video ever ......🎉🎉🎉🎉
Very nice infometion
Legend brother next video must be on financial education and with stocks vs index fund vs SGB vs real estate vs business with diversification..
2 nd .. HOW to parenting a child with good postive thoughts and knowledge and education.. plzzz brother this is serious matter ground report that's happening
3RD parents must encourage their child in try different things, side hustle like warren Buffett, passive income, investment, sports , real estate , reading books. Etc thnx we are from so long on this. How life partner should help each other in investment and child good education and future financial freedom plzz brother ❤
I can teach you. I m teacher
Then how to buy it...Tell us the ways that help us to make lots of money & buy the houses...Like Robert Kiyosaki model of buying Real Estate....
After watching this me be like "himalay jake sanyasi bn jaate hai😢"
Agr koi 30 ya 40s mai hai or wo rent option leta hai and then 20 years tak rent bharkr apna life guzarta hai but, at the age of 50 abb uski earning age nhi hogi or na hi wo itna mehnga rent pay kr payega tou bhaiyya aapne kitni chalaki se rent ko ek acha option bata diya jabki reality bhut alag hai issey
Corruption is the main problem that's why most Indians are left the country and go to the another country for more more facilities and more value without any corruption 😭😭😭😭😭
Arreey problem to sabko pata hai wo soch ke mat ro... Solution konsa best hai uspe action lo