This is an important discussion. We've been programmed to think home ownership is always the best option. It's not. It might be for some people but it needs more careful thinking rather than automatically making the decision to purchase the home.
Dave Ramsay’s rule on how much house you can afford - 15 year mortgage with 25% after-tax salary going towards all house expenses (e.g. service tax, utilities, mortgage)
I think everyone should own atleast 1 home. Pros 1) Provides roof over your head. 2) No capital gain tax when you sell it. (Best tax break advantage) 3) If you want to rent it, in about 5-6 years statistically yours rents will cover your mortgage. 4) Interest rates won't be 5 percent forever. Once they are lower you will see some appreciation.
Honestly first time you guys invited some peace minded and good intellect level mind person on air. Mr shamil is also a good host and have good intellect level. Rest mostly all other people looks more materialistic or money minded
Information presented here is completely misleading, you did not consider the cost of increasing rents, which is way more than the real estate appreciation
Veerji aauj da program bahut vudiaa hee but Veerji jihrhe old people ne kuj buche ohna noo Garon bahar kud dinde ne oh kithe jaan ki kurn ki government ohna noo shelters ja kuj ho opinion hee jrur program kro bahut lorh hee iho jihe programs di
I am in India, but have most of relatives in Canada. I enjoy your programs very well. My observation, your most of programs revolve around only home ownership and related topics like mortgage etc because that is what our community understand. I think you may start programs on other investment opportunities like shares, mutual funds, savings plans like RRSP, resp etc etc. Let our community know little more than what they already know. Regards
Cost of money borrowed is another factor, the down payment you give also have potential to earn interest or possible returns if invested in stocks or even in mutual funds. Also actual amount paid to bank is maximum adjusted towards interest initially and the principal amount reduces negligibly. Renting is always better, from financial point of view.
22 g my monthly mortgage is 800 mortgage + 200 property tax and you are saying I should sell the property and go on rent and apartment rent in our is $ 1800 for the same sq ft property.. then in think you have to do your working again.
Ik sach aa but ah zindgi hee kitaye da ghar baki siyaney ho phir ghar apna ta tuhadey man dey beham aa jado akhri saah nikdey odo samaj paindi paindi jaroor aa
It is amazing that even desis are realizing that owning a home is almost always more expensive than renting. Hopefully the real estate agents also stop misguiding immigrants and renters by telling that they paying landlord's mortgage.
Real estate agents do ask buyer to buy, it’s the buyer who always have chip on their shoulder that they need to buy house otherwise our desi community will always consider them as a failure!. If you own a house I pity you
bai rent rent kari jaani aa uh rental buy kon karu jihre buy karde aa uhnaa nu tusi keh dine aa laalchi class aa😅.tusi bhrava ne rent kita dso edarle jvaak bai g taa ni care karde kyoki maa pyo di dhuyi tuti aa bnondeaa di.. punjabi ni karde jvaak kam gore kive karde ne kam unaa nu ptaa sada maa pyo mlaaang ne karnaa e penaa bai g done paseo sochyaa karo renting budaape ch j jeonde rahe etho di pension naal rent ni honaa bhraa mereo
JUSTIN T. & JAGMEET need to resign Home Crisis , Inflation , Two bedroom puppy colleges , High Rent , crime and POOR Medical service . Canada need only 200k students but in flow is 1 million Justin T need to give answer
Fun fact is that richest guys own so many real estates. According to this discussion, every homeowner or companies that are making apartments for renting them out are in loss. Loll😅😅
Once you become Canadian, then you are Canadian. What is Asli Canadian ..........? This is how you differentiate people and bring inequality in society This is not expected from someone who is hosting the show 😞 Words should be chosen appropriately & I feel there is a lack of vocabulary
Mr Shameel menu tuhadia glaa to lagda owner nhi hona chihada sirf pride hona te students te kiraya lena te loka nu dikhawa karna h tuc owner to Khushi nhi ho
This is an important discussion. We've been programmed to think home ownership is always the best option. It's not. It might be for some people but it needs more careful thinking rather than automatically making the decision to purchase the home.
JUSTIN T create mess in Canada . no body happy under liberals . He need to resign
I have home, but I found that if you enjoy life renting is way better than ownership
Bha ji, bahut vadiya analysis kita hai. Life is to live and enjoy
It’s time to go back home ❤
Let me tell you a little secret, both of the these guys own their homes
16:46 very nice…
ਬਹੁਤ ਵਧੀਆ ਟੋਪਿਕ ਹੈ ਸ਼ਮੀਲ ਜੀ ਸ਼ੁਕਰੀਆ ਜੀ
I have home, but I found that if you enjoy life renting is way better than ownership
Dave Ramsay’s rule on how much house you can afford - 15 year mortgage with 25% after-tax salary going towards all house expenses (e.g. service tax, utilities, mortgage)
ਅਜੀਤ ਅਖ਼ਬਾਰ ਵਿੱਚ ਅਜ ਦੇ ਵਿਚਾਰ ਮੁਤਾਬਕ ਸਚਾਈ ਆ ਕਿ
ਮੂਰਖ ਲੋਕ ਤਾਂ ਘਰ ਬਣਾਉਂਦੇ ਹਨ ਪਰ ਸਮਝਦਾਰ ਲੋਕ ਉਹਨਾਂ ਹੀ ਘਰਾਂ ਦੇ ਅੰਦਰ ਕਿਰਾਏਦਾਰ ਬਣਕੇ ਵੱਸਦੇ ਹਨ।
ਧੰਨਵਾਦ ਜੀਉ।
I like what the guest said at 21:00
Very good discussion and eye opener for Indian community
I think everyone should own atleast 1 home.
Pros
1) Provides roof over your head.
2) No capital gain tax when you sell it. (Best tax break advantage)
3) If you want to rent it, in about 5-6 years statistically yours rents will cover your mortgage.
4) Interest rates won't be 5 percent forever. Once they are lower you will see some appreciation.
Looks we have a realtor here .
can I ask both of them a question .. do they both own houses in Canada or not ??
Honestly first time you guys invited some peace minded and good intellect level mind person on air. Mr shamil is also a good host and have good intellect level. Rest mostly all other people looks more materialistic or money minded
I have home, but I found that if you enjoy life renting is way better than ownership
WATCHING FROM UK. ALL YOUR PROGRAM ARE VERY INFORMATIVE
Information presented here is completely misleading, you did
not consider the cost of increasing rents, which is way more than the real estate appreciation
Shakil ji yeh ek truth hai ki ek generation puri kanjosi or hard work de nal Home build karde ho per agle gen he enjoy kardi hai
29:58 is the 39% of income gross or net after taxes?
Very good information.
Easy suggestion
Na te Desi kolo rental house ( whatever ) lavo AND
Na hi kise Desi nu ( your property ) Devo
Easy
Nice discussion
Veerji aauj da program bahut vudiaa hee but Veerji jihrhe old people ne kuj buche ohna noo Garon bahar kud dinde ne oh kithe jaan ki kurn ki government ohna noo shelters ja kuj ho opinion hee jrur program kro bahut lorh hee iho jihe programs di
I am in India, but have most of relatives in Canada. I enjoy your programs very well.
My observation, your most of programs revolve around only home ownership and related topics like mortgage etc because that is what our community understand.
I think you may start programs on other investment opportunities like shares, mutual funds, savings plans like RRSP, resp etc etc.
Let our community know little more than what they already know.
Regards
I have home, but I found that if you enjoy life renting is way better than ownership
Cost of money borrowed is another factor, the down payment you give also have potential to earn interest or possible returns if invested in stocks or even in mutual funds. Also actual amount paid to bank is maximum adjusted towards interest initially and the principal amount reduces negligibly.
Renting is always better, from financial point of view.
22 g my monthly mortgage is 800 mortgage + 200 property tax and you are saying I should sell the property and go on rent and apartment rent in our is $ 1800 for the same sq ft property.. then in think you have to do your working again.
Very nice
My close friend bought a house below his affordability recently and still feel tight.
JUSTIN T create mess in Canada . no body happy under liberals . He need to resign
Ik sach aa but ah zindgi hee kitaye da ghar baki siyaney ho phir ghar apna ta tuhadey man dey beham aa jado akhri saah nikdey odo samaj paindi paindi jaroor aa
Kise hor nu paise dena te 20-25sal ch ghar vi thoda nahi .. that is what renting is .
Lol stop buying anything than cuz u paying for someone right ?
It is amazing that even desis are realizing that owning a home is almost always more expensive than renting. Hopefully the real estate agents also stop misguiding immigrants and renters by telling that they paying landlord's mortgage.
I have home, but I found that if you enjoy life renting is way better than ownership
Real estate agents do ask buyer to buy, it’s the buyer who always have chip on their shoulder that they need to buy house otherwise our desi community will always consider them as a failure!.
If you own a house I pity you
Desiya di life ghar to start ethe hi khatam 😂
Desi maray labday lash v bai bos jandi ghar wich
😂😂
I have home, but I found that if you enjoy life renting is way better than ownership
@@parmindergill56sahi gall aa veer income 5000 te supne ghar de bht aukha
At 5 percent rate of interest the renting is much cheaper than buying and buying is viable to those putting large down payments.
I have home, but I found that if you enjoy life renting is way better than ownership
I own my home, would never sell. Renting is for taprivaas, always own a roof over your head so nobody can kick your family out.
bai rent rent kari jaani aa uh rental buy kon karu jihre buy karde aa uhnaa nu tusi keh dine aa laalchi class aa😅.tusi bhrava ne rent kita dso edarle jvaak bai g taa ni care karde kyoki maa pyo di dhuyi tuti aa bnondeaa di.. punjabi ni karde jvaak kam gore kive karde ne kam unaa nu ptaa sada maa pyo mlaaang ne karnaa e penaa bai g done paseo sochyaa karo renting budaape ch j jeonde rahe etho di pension naal rent ni honaa bhraa mereo
JUSTIN T. & JAGMEET need to resign
Home Crisis , Inflation , Two bedroom puppy colleges , High Rent , crime and POOR Medical service .
Canada need only 200k students but in flow is 1 million
Justin T need to give answer
What the Heck is this guest talking about at 16:00? You CAN take care of your lawn and go do Vacation as a homeowner.
Townhouse for $1M…welcome to Canada 🇨🇦
I have home, but I found that if you enjoy life renting is way better than ownership
Fun fact is that richest guys own so many real estates. According to this discussion, every homeowner or companies that are making apartments for renting them out are in loss. Loll😅😅
Baii yr mai eh hran tusi 20-22 saal km kime krge,,, yr garden,, grass cutna,,,, eh tn koi madi gl ni,,, kuch gla thik aa,, tusi sochdeo 20 saal pehla de hisaab naal vi koi 2 lakh dollars bna hoii ni skda,, ਪਤੰਦਰਾਂ ਕੋਈ ਤਾਂ ਚੱੜਦੀ ਕਲਾ ਵਾਲੀ ਗੱਲ ਤਾਂ ਕਰ,,, ਜਿੰਨੀ ਕ ਬੰਦੇ ਦੀ ਹਿੰਮਤ ਉਨਾ ਤਾਂ ਕਰਨਾ ਚਾਹੀਦਾ… anyways apo apni sochni aa 👍
prawa hun pata chalda Canada Wale lok bimaar kyo nhi hunde te Punjab wale kyo hunde ne 25 30 saal reason instalment
Bro ajj di gall kr reha o jo ajj de halaat aa
Once you become Canadian, then you are Canadian. What is Asli Canadian ..........?
This is how you differentiate people and bring inequality in society
This is not expected from someone who is hosting the show 😞
Words should be chosen appropriately & I feel there is a lack of vocabulary
JUSTIN T create mess in Canada . no body happy under liberals . He need to resign
I have home, but I found that if you enjoy life renting is way better than ownership
Mr Shameel menu tuhadia glaa to lagda owner nhi hona chihada sirf pride hona te students te kiraya lena te loka nu dikhawa karna h tuc owner to Khushi nhi ho
Ghar sasta lelo....😂
Winnipeg always cheeped starting home price 3 hundred thousand
I have home, but I found that if you enjoy life renting is way better than ownership
Kyun GTA ch regina hai.lokaan di akal ch kyun pathar paye ne
Te khndw ho bhuggto student to mortgage lende ho Har banda kue bhugte
Ghar apne comfort lyi lyu mein
I have home, but I found that if you enjoy life renting is way better than ownership
I have home, but I found that if you enjoy life renting is way better than ownership
Punjabis are very very very greedy people