Why Indian Youth is NOT Buying Houses?
ฝัง
- เผยแพร่เมื่อ 7 มิ.ย. 2024
- Download smallcase: link.smallcase.com/iqi8fHqDDhb
#IndianYouth #Housing #mohakmangal
******
Liked the background music? I use Epidemic Sound. You can get a 30-day free trial using this referral: www.epidemicsound.com/referra...
******
Research: Prachi Yadav
Editing and thumbnail: Harshit Singh ➡️ / @ocural7696
******
Markers
0:00 Introduction
1:32 Reason 1: Flexibility
2:57 Reason 2: Investment in other asset classes
6:01 Reason 3: High property prices
7:21 Why aren’t property prices falling
10:16 Change due to COVID
******
Support on Patreon:
/ sochyoutube
Contact:
Facebook: / sochyoutube
Instagram: / mohak.mangal
Twitter: / mohakmangal
******
Creative commons:
Pixabay
Unsplash
Flaticon
Freepik
Videvo
******
Sources:
0. Introduction
www.livemint.com/Money/Y4F0nB...
www.livemint.com/money/person...
www.theweek.in/news/biz-tech/...
www.thehindu.com/life-and-sty...
www.moneycontrol.com/news/bus...
www.cnbctv18.com/real-estate/...
www.businesstoday.in/opinion/...
1. Reason 1: Flexibility
data.worldbank.org/indicator/...
www.orfonline.org/wp-content/...
www.businesstoday.in/opinion/...
www.cnbctv18.com/real-estate/...
ficci.in/events/24295/ISP/Co-...
2. Reason 2: Investment in other asset classes
www.livemint.com/money/person...
www.businesstoday.in/markets/...
www.cnbc.com/2020/10/02/india...
3. Reason 3: High property prices
www.financialexpress.com/mone...
www.ft.com/content/ae7ec8ee-8...
www.newslaundry.com/sena/indi...
www.cnbctv18.com/real-estate/...
4. Why aren’t property prices falling
www.hks.harvard.edu/sites/def...
www.newslaundry.com/sena/indi...
indianexpress.com/article/cit...
www.rbi.org.in/Scripts/Public...
5. Change due to COVID
www.livemint.com/money/person...
www.thehindubusinessline.com/...
Download smallcase using this link!
link.smallcase.com/iqi8fHqDDhb
4:37
How can a scam happened in 1992 affect stock market of 2021 ??
Request: Do a couple of videos on self-made low-cost housing - solar, mud/cob/container housing, mobile internet, self-grown food / local rural food sources. Urban life is a perpetually interesting topic, but your viewers might want to have rural homes where buying and owning land and building simple homes is very cheap. Not many people know that in 10-15 lakhs you can have your own home with all basic needs covered. Another 10 lakhs gets you solar electricity, an EV and independence from petrol and the electricity grid. People don't know this is possible in India today. Also, going forward, a decade from now, that will become more mainstream.
@@captainaryan26 after watching the series more and more people wanted to buy stocks in stock market
GIVE ME RENT
Good to go.
The older generation has already occupied all the land of houses, so newer generation has to adjust in flats only!
💯
Indian Government to should make a law about how much land an average person can buy
@@Raito-kun01 yah
Truee
@@Raito-kun01 there is a law. But there are too many loopholes.
Another reason why youngsters cannot afford buying a house is because in the last decade price of property has gone up on astronomical scales compared to the couple/individual earning.
Didn't he mention that
True
Prices are stable read real state report earnings and savings have gone down due to inflation.
he mentioned it
That’s absolutely true. The place where I live has insane property rates. 2bhk at 35-40 crores. The price only increased in past 10-12 years in this area. It wasn’t so expensive back then.
A few years later, mohak will be making video on why millennials are leaving cities and going back to their natives and working from home!
I am one of them in this online era. Again purchasing new house is just a blind flow which is becoming sign of settlement in both generation but it's actually individual requirement
Data says something else.
True
Buying a flat is not the same as buying a house. When u buy a house you also own the land under it,which is not the case for flats
@@SuperMsmystery सही है फ्लैट खरीदने पर ज़मीन नही मिलती लेकिन एक स्वतंत्र मकान खरीदने पर ज़मीन भी मिलती है और छत भी मिलती साथ साथ हर महीने का मेंटेनेंस भी नही देना पड़ता
In urban India 40% live in rental properties and 50% live in slums.
😂😂😂😂😂😂😂😂
Bruh
to be precise mumbai, not urban india
Try to be like rest 10%(rich guys)..stay motivated
Me too in slum 😭
Young people should never buy homes in urban cities and take your salary back to your village make your mansion and live happily after retirement. The builders have looted common man from years now it's time to to tell them we don't need your overly over priced flat that doesn't even lasts for 25 years.
Very true for me ! and thoughtful! this is what is happening, you said it very nicely for anybody to understand!
Golden statment
so true
Agreed 💯
Good one! Here's the catch, though. Not all of us are from villages or small towns. Some of us are from the same or even other cities.
Now I got to know why the concept of joint family is still popular in India. It's difficult to buy a house on our own so it's better inherit one :) ...
it's not because of house It have many other aspects
Joint families are reducing. "Stem" families are increasing. That is leaving with parents, wife and your young children but not uncle/aunt/cousin
@@RMatt2016 not really, joint families are staying constant
@@Nimish204 yes joint family are the best for happy home
@@Klassyedit1 Your sarcasm another level bro.
Soch always comes with topics that are completely unnoticed and are treated as general
That's what everyone likes about soch
that's why his name is soch
@@ishansharma1920 Sorry bro ,but his name is Mohak mangal. Soch is his channel's name.
He is mohak
@@poojaprusty_ I was talking about channel and not the person
@@VishnuUpadhyay-op7lh okk brother no problem😅 my bad
Only one advice, never buy or invest in an under construction project in India, specially if it's in Noida🙃
Greater kailash??
@@crazycrackheadbubblegums9959 well if u can afford a property in GK then u wasted ur precious time watching this video n going through the comments, your highness!
in entire NCR
@@aronblanche ncr means??
Rera is there to protect
Take this survey in tier 2-3 cities and u will see the real trend .. it's simple because the young generation in metros simply don't have the capacity to buy land or build their homes in cities due to high costs . It's also a trend that Metro's have seen a steady nmbrs of people moving back to their home towns after earning a good sum and tend to build there homes where it's still affordable to do so and live peacefully and with much cleaner environment 👍👍
Exactly, build a home in your home town and settle after retirement.. Rent till you are working.. Or buy a home after 35-40
Correct👍
Lol India don't have tier cities 😂
Kah sakte hai ki property ki rental value achhi hai
@@japaneseninja_ whoes saying that 😂like literally i cant stop my laugh after hearing that man
These videos are really educative. Whatever topic, they explain things a lot and rely on studies
in the end, the sound effect was of couple fucking slowly to not make much noise.. :D LMAO
@@rajadhirajmaharaj Wht the..Dude you ruined that part for me..lol
@@rajadhirajmaharaj oh man! 😂😂
Renting is wayy better before coming to an age when you are stable.
This proves how masses are fooled easily by marketing strategies.
We have seen this couple of year ago.
I have bought my flat in 20s and it's fetching me extra income and property value.
Those who can afford a house anyhow, should never be fooled by market trends. It's a gimmick.
@@mohdmoazzam120 OK but I am not interested in owning a house 🏡. I prefer to be like modi ji. 'Ham to fakir hai, jola लेंगे और निकल देंगे'.
The motive of this line is not 'I am poor'. Actually it mean for me is,,, I can be in different cites at different time period.
@@mohdmoazzam120 exactly
Billonaires and millionaires buying huge parcels of land while telling people to rent. Smells more like feudalism is making a comeback.
If you can buy one just buy it immediately because atleast at times of financial crises you wont have an extra burden of house rent
Why is it so hard to understand? Buying a house creates generational wealth. You can pass it down to your descendants. Value of house will increase. We live in mumbai and my parents brought another house in Thane in 2008 or 2006. We rented it to people for 10-11 years and sold it for triple the price we had paid.
Investing in housing and real estate is very profitable. It doesn't stop you from travelling to some other place for job or any reason. You aren't compelled to live in it, you can rent it as well.
If you are a student, I think renting is a better option. It won't be that expensive, you won't be that burdened by loans, etc. Once you start earning, buying a house is better. It depends on many more factors.
Fact: Renting is more profitable
Ultra Fact: Living in slum will make you billionaire
but sick too
This is catchy, but there is a lot of truth to it. I recently spoke with a shopkeeper who renovated his shop in a slum. We were discussing rates for constructing a small home, when he pointed to the 1-storeyed home next to his shop and said that whole thing was done for 5 lakhs. This is in Mumbai. Sure, there is no legal safety and there is no view and no yard or park, but a 1-storeyed (total 600 sqft) house in the middle of Mumbai for 5 lakhs is super cheap.
I am living in mumbai in slum and my home is very small I brought home in 11 lakh just for this slum house no kitchen no 2 number wala toilet there is public toilet ☹️
@@Klassyedit1 Buying is expensive, constructing is cheaper
@@FirdousAhmedLone not every slum is unhygienic and dirty
Forget rent soon people will be sleeping on roads because salary is also on decline except if you are working for some reputed company
The way reputed companies are facing abuse no doubt personal working for them also face chalange in upcoming years.
:(
Edutechs like byju, vedantu, white hat jr. Unacademy abusing and pressurising , just to increase to productivity
True bro.
Quit the unfair race u cant win & grab some beer & guns....and go out & snatch all the things u want from the pro capitalist smelly obese ugly diseased oldies...& free up the young chicks these impotent oldies keep caged in thr mansions.....lets make the money & power irrelevent for an utopian world...
The ONLY reason the current generation rents instead of buying is because of the inflated Real estate prices making the home unaffordable for the majority of common people like us. 33 years ago my parents brought their first house for Rs. 2LACS, sold it for 85LACS 22 years later. No one would ever rent if the houses were affordable, and by affordable I don't mean sub-standard match box apartments they call "Smart Homes"
udaan
Hmm sahi baat
How diversified your content is! You're just amazing, I'm happy that I've found your channel!
ikr
And all of his videos are well researched
💯
same like dhruv rathee
I have lived in Mumbai for the past 23 years on rent. More accurately my parents did. They never owned a house. There were opportiunities but they missed it. As time went by the prices started soaring sky high. I left Mumbai last year. I have shifted to a new city. My primary goal is to have my own home. It's not about the economics. If you are living in someone else's house you will never have the freedom to drill a nail without their permission. You cannot decorate it as per your wish too. Real estate is always a good investment to make.
You are right... One can live in rented homes for months or a few years but living our whole life in an rented apartment is not that suitable...
Your point should have been mentioned in the video... Worth noting 💯
I am curious what the future of nagpur is like in real estate
it is not your house until you complete emi payments with intrest to banks for bext 25 years...in some sense you are paying rent to bank as intrest 😅
Wait really? I live in Dubai and the house prices as usual are very high here too so my family has been living on rent our entire lives, but for me, it was exactly like owning your own house. we could drill nails, paint our walls and decorate them HOWEVER we wanted just like if it's our own house.
owning a house isn't expensive , it's just that the Millenials are hugely underpaid and overworked.
bcoz they dont have proper skills
@@vardhanarya blame the rat race and the education system .
@@vardhanarya can't blame the populace for everything.
@@vardhanarya Why do you think that millenials dont have proper skills? I have seen many skilled millenials who are underpaid.
Population is the problem in these cities..
We just have few major cities for billions of people.
Simple, overpopulation, uneven urbanization has lead to a shortage of residential land in this country. The nexus of land mafia and realtors artificially inflate prices, making it tougher to buy a good house. Government-aided housing is almost non-existent in this country. Home loans are highly charged, the real estate prices have risen exponentially in comparison to the median increase in income for the past 20 years. Combine it with the fact that certain castes from OBCs(Jats,gujjars, patidars, yadavs ) and general (thakur, baniyas) have a monopoly over land resources, and you get a cess-pool of land starved people.
Its not overpopulation, a very small minority has bought up all the land and has created a housing market based on rent.
No its because you are not building enough units. Build more supply and see the prices drop
No there is no overpopulation.
Old people are selfish with their money.
Their houses.
Cities aren't expanding.
New cities aren't being made.
Things are costly now comparedto them old people's.
Too much burden for young between 20-27
Job marriage house car suicide.
Lots to do in 7 years.
Don’t Push every problem to overpopulation, even Netherlands and S Korea has higher population density than India
And In Video he Clearly Says that There are Many Unsold Houses
Overpopulation is Problem I Know But We Can Handle This population
We Can’t Decrease the Population Soon Because of Our Demographics
Just Remember that We Are Unable to feed Even After We Are Having Resources
@@psychologicalboss we are making house on our plot which my parents bought after saving money in bank for 20 years. Though I am not from a big city but from a town.
I'm glad the situation in Chennai is not as severe as Mumbai🥺
It will change soon most probably apartment is the future and also due to IT and automobile companies all three southern metros real estate is rocketing and even foreign investors choosing southern states especially cities like Bangalore, Chennai and Hyderabad
thanks to the expansionist policy of the government of Tamil Nadu
Chennai is following a very good model , I have seen most of the projects are being done as outskirts of Chennai ,
From Karnataka
@@jagnathreddy3544 yes you are right first they bringig big project outskirts of the city then they expand city I think because many industries in Chennai are outside the city
@shrey jauhari seriously?
Don't take loan , especially if you can pay on 10 or 20% down-payment. If you can pay more than 50-60% then only buy.
My parents are in their 40s, they both have Government jobs
But still We are living in a rented house
Kyunki pf se ghar banega.
Thats kinda sad tbh
@cartooon mix song provident fund
Not so uncommon tho, it's same for me, except that only my dad earns for us
Same for me but we live in government quarters...
Just buying a small apartment in any major city would cost an average Indian worker 10-15 years of salary. No wonder people aren't buying houses in their 20s and 30s.
in the end, the sound effect was of couple fucking slowly to not make much noise.. :D LMAO
MUCH more than 10-15 years 😂
More like 50
@@nnaman007yup, more accurate
thought I am alone getting stressed about buying home in mumbai 😂
Buy in Navi Mumbai or some Navi Navi Mumbai.
Buy in thane or virar side
I'm lucky that I have not alloted job in mumbai. Nahi to poori salary to rent mein hi chali jaati
Find between Borivali to Mira Road You could get 1 BHK in 90 to 70 lakhs
Buy in Dharavi
Its crazy how you can get an amazing villa(well insulated and energy efficient, 24x7 drinking water supply and electricity supply, air tight sealed windows and doors which keeps insects, dust and noise away, other benefits such as excellent road infrastructure, good air quality, lower noise pollution, best in class salaries to expenses ratio) in USA or in any other developed country in a similar price of an apartment which you could get in major Indian cities.
Ever heard about POPULATION?
That's because in USA they give better wages
@@deepadineshacharya9622 only and only reason is population and per capita income.
Boomers who say "pay EMI instead of rent" are the same ones who say "Engineering lelo beta bahut scope h"
Bhai rent bhar ke aap sirf flat me reh sakte ho lekin emi dekr kuch saal me aap wo property ya flat apna bena sekte ho.
Agar transfer nahi hota hai wahi kaam karna hai wapas gao nahi jaana hai to emi hi sahi hai.
@@vibhorejaiswal2997 yes Bina ghar ke ladki bhi nahi milegi shaadi ke liye
@@barneystinson8235 marriage is boring Bhai 👍.
@@ShivaKumar-yy6zr how old are you? Have you lived alone without parents? How do you cope with loneliness when friends and colleagues are busy with kids/family /other priorities
@@barneystinson8235 I'm 19 and I live with my parents.i'm still a kid though 😅. Pardon me beacuse I can't answer your questions.
Summary of the video : because the prices of houses are too high.
yeah. The reason is very simple. Extremely high price. :(
Why are Indians not questioning this current inflation, on a mass level ???
Hindu khetre mar hai....
@@subalray9969 lol 😂😂
Because
1. Inflation is not a bad thing. In fact it's necessary for growth. Hyperinflation is bad.
2. India has a lot of FIIs investing past year.
3. People are not spending at all. To stimulate economy, inflation is needed.
4. Inflation is RBI issue. Government has very less control over it.
inflation on mass level?are u stoned or what
@@amitsingh-yk3ps Are kahi news me suna hoga. Bina research kiye rat liya.
Steps to be followed:
1) Planned Cities like Singapore
2)Real estate and landbuy laws
3)Buy Villas.😅
That would make cities even more expensive
@@flyingbanshee8592 Yeah, Those expensive cities were our history then why not now, right?
I think uske liye to land reforms jarne padenge
Its my first year of job and i spend 8 thousand out of 25 thousand on just petrol , electric bill and gas bill.
There's no way i can buy house in Chandigarh. Rent is my only option or my family house in hometown. Now i realize how much hard work my father did to build our home.
Where is your hometown?
@@Ayisha4889 In yamunanagar , It's in haryana.
True
@abhi rawat 😍😍😍 my sweet sweet dreams.
Work on your skillset , dont watch youtube videos which waste your time . In future you will increase your salary
Only like 4% earn more than 50k month and the house price is crazy in tier 1 and 2 cities.
Who wants to stay in mumbai or other urban areas after retirement , i would prefer a country side
Me too
To bech ke naya kharid lena
@Blink💜 aren't you gays fan named as BTS 😂
@@Klassyedit1 he's fan of anime
Not BTS and
Seems like you also😂😂
Having your own house in city like Mumbai is still a dream for many.
And a regular paying job will never help you buy one.
@@Klassyedit1 I have seen someone earning 1.5L PM still not able to afford one in Mumbai lol
@@Klassyedit1 Idk about places in mumbai but I watched a documentary about it lol I'm from Gurgaon.
@@jinfin221 tv serials mei to kuch bhi batate hai .real mei abhi Mumbai mei 1BHK around 1cr.mei milega aur vo bhi locality pr depend hai .bandra side mei to aasmaan chure prices🥲
@@Abhishek_96 wahi to bolraha
Renting out is good for those people whose job profile requires constant relocation. Otherwise , it's better to buy a house so that you have a house when you retire
Then you shouldn't buy one in cities.
I think u r talking about small city
@@ace7765 anywhere be it big or small cities..one should have permanent home when they retire
@@SBH3356 obviously wo to sabka sapna hai 🥲
Here the topic going on is different and ur talking totally different topic
The main reason is the increase of price
In Hyderabad, the prices for flats under 1500sft are itself 8000/sft and above and in 2000-2500 sft house takes minimum 1.1Cr just for the flat and what about furniture and home decor
It depends on the locality where u buy... There are areas with 5000 rs sft
depends on area! my uncle bought a new apartment near uppal and price was 4000/sft only
bro 1 crore for 2000 sft is very less actually, if you compare flat of same area in other cities.
In hyderabad flats or any other properties is sold on super built up area whereas property in Mumbai and Pune sold purely on carpet area. Builders are Hyderabad charging on super built up area which is completely against rera. Hyderabad property rates are skyrocketing now and it is already expensive than Banglore just below Mumbai.
Aapna "village" mahan
Retirement k baad whi jaunga
😂👍
Mere village mera 3ghar hai
@@pinkynandi8894 2 beech de
lekin bhai Urbanization bhi bahut ho raha hai. Jaldhi jada log seher me rehenge instead of village. Matlaba saare gaaon bhi town me convert ho ja raha hai. :(
Kudos to the editor man. Your editing and the visuals and the foley sounds you use, help enhance the experience of the video and also increase my learning from the video as the graphs and visuals help me create an image in my mind which further helps me to understand what Mohak is saying.
Awesome editing man. Legit FAN
True but idk why this channel is so underrated.
This quality content deserves atleast a million subscriber. 👏
Leaving on rent the increase in number is not a good sign for economy as any recession or calamity can push you towards poverty . Wise economists always consider biggest sign of security shelter .back to basics roti ,kapada or makaan.
Smart people buy home on loan and pay the EMI from the rent. Technically it’s free money. Our company has done this many times.
You just explained the reason for the housing price bubble
Bhai Bilkul Sahi Aise Ki karte hai Log
Where can I buy houses that generate more rent than EMIs?
@@rohandalvi6476 yes specially now when the interest rates are so low.
Are Yaar Itna To Kuch Bhi Nahi
Hamare Yaha 1-2% Interest pe 3-4 lakh Ruppe ka loan leke
Farming Fields Ke upar
Log uski FD karte hai 1 Saal Ki
FD pe 5-6 % Ka Interest Milta hai
Beech ka Margin Free Me Apne aap rakh lete hai
3 lakh ka 5% = 15 Hajar
Agar
Same Ko 10 me Multiply kardo To
Same Field se 1.5 Lakh ka Interest
( Zada Field Pe 20 - 30 Lakh Ka Loan Uth jaega uski FD kar denge)
And Field ko Kisi Chote Kissan ko
Rent Kardo
3 Lakh ka Year Me Bussiness Karega wo
Usme Se
1 Lakh Tak Tumhe dega
Alag AlaG Terms And Conditions Leke Chalte Hai Log .......
Matlab Approximately 2.5 Lakh Free Me Ban Rahe Hai Bina Kisi kaam ke
😅
Living in city is not that good as it used to be.
Now it's proven that ,we can work from anywhere, millennials are choosing small towns or there hometown
No bro its temporary lot of problem with internet and power
@Cursed Cypher sorry buddy view is myopic, Bangalore did expand but we are talking about tier 1 and tier 2 cities
@@techbasics6142 most of the modern in villages are connected ,even though broadband internet is costlier , there isn't much power cut as it used to be .. but you still have laptop and other solutions.. unless it's very remote or in hills..
Cities income mostly depends on service sector and manufacturing sectors .. if the IT moves from cities to Work from home..then whole chain will also moves to villages and small town. ..
Your Content is never boring
I just love watching your videos
In Bangalore , every new apartment is launched as luxury with high costs . Plus bbmp is unable to provide road , water to 10 yrs old apartment as well .
On Sarjapur road Bangalore 3bhk apartment rent in 55k plus maintenance. Ofcourse reputed builder apartment. But we are definitely going towards Mumbai style
This guy provides some detailed and well established analysis. You will grow very big brother 👍👍.
I'll come back when there are more comments🚶♂️
Ok i am waiting lmao
I never left😌
Man, I am 24 and make 1.4 lacs a month after taxes. Still I believe that renting a furnished flat with all amenties like gym, sports is a better option. It is impossible to buy a house/flat in India
Video editing is awesome and content is simple and well explained ..
Overall video is 👍
good videos man, very informative!! keep up the good work
Damn the editing is soo smooth.
Live your content bhai🌟
Aise hi lge rho bhai 🌟
Great...topic chosen nd explained
Thank you Mohit for making this video... I found it very relatable. I'm a millennial who recently bought a home because I have to work-from-home and my child has to go through online education. A bigger home has become the need of the hour.
mohak hai mohit nahi.. dursi baat.. ladkiya toh de nahi rahi hai.. sabko ghar chaiye.
I want to see real estate sector suffer as hard as bankruptcy..... That give me peace. Home is basic nassecity and they made it business.
To kya muft me baat de?? Its all upon demand, jitna demand utna mehenga
Totally agree with you. Murders keep happening in Bangalore because of property deals. Our city has been destroyed by these property dealers. Earlier it was so calm.
@@prathamrai3310India ke Logo ki average income ke hisab se hono chahiye price.... USA ki income se nahi. Also apply on car prices.
@@piyushbaraiya3475 per jab ek ek ghar ya zameen ke liye 50 log aayenge to kaise expect kar sakte hai ki price niche jayega or USA ki prices unbelievably bohot high hai, new york me small apart ke liye 10 of millions ki price hai
@@prathamrai3310 I am talking about rates in normal cities. High for us but compare it with their average income.
It's foolish to buy a 900 sq.ft flat in a metropolitan area for amounts upto 40Lakhs. Instead, people should invest in buying assets near their ancestral land.
Itna sasta kaha milta hai ?
Kolkata ke ek normal market area me 35 lakh me 800 sq.ft se zyada nhi milega
Mumbai to chhod hi do
Sq ft. *
Bhai sqft not sqm 🙏🙏🙏🙏
What if ur ancestral land is metropolitan?
@@ASD-ss2lq Then make a 2/3 floured building on it and rent individual apartments.
Informative video and kudos to the graphics team.. what an awesome job done 👌
Knowledge full and useful content to know about India ... ❣️❣️
Could u please make a video about topics such as
Hyper inflation
Free colleges
Different health care system
Minimum wage
Private vs public
Definitely needs to be upvoted.
I really like the style of your videos. You are my idol. Your videos are just awesome. It would be great if you make a video on how not taking the board exam for 10th and 12th students of 2020 will affect the future of the students and how it foreshadows the educational system.
I really love your videos, love from Bangalore:)
Love your research man!✨
Very comprehensive video...your content is always different and fresh...great job.
I like how you showed yellow bar indicating that an advertisement is going on.. 👌🏻
Damn, segue to the sponsor was so smooth that even Linus Tech Tips needs to learn a thing or two from you!
True!
great video. Very well researched!
Interesting! Thank you for sharing it. ✌️
Those guys are lucky who get own house from parents.
My family owns a bungalow in a small city
But i have told them that i would move out to Mumbai after my graduation, and be all on my own and buy a flat
Wish me luck
Actually we have one.. and I'm just college student after graduation I'm bit feared of living with lack of financial background..but now this house is damaged a lot we want to rebuild ..I don't how to.. We don't have so much money..
Only guys get it not girls
You see what I did there😅
@@kapilrana8538 don't think that's the case anymore
@@kapilrana8538 they get from there husband 😂✌️
Living in renting gives you the modern corporate worker lifestyle vibes, busy minded and quick adaptive attitude. Which I believe many millennials want to experience
Problem is with advanced, literally in Bangalore they demand 4 months advance.
Thanks for the news source link. Your video description is extremely helpful
Wow. Really informative video dude.
Keep it up👍
India also has unequal distribution of opportunities like in metro cities jobs are available like a lot but they have limited area
I guess their should be more development in smaller towns n cities so that people can have both secure house n jobs
This is the reality of all countries. Business attracts business. Most of US wealth is generated in coast states. Middle of US is all farming & barren land.
Only if UP and Bihar could develop itself instead of wanting ram mandir
@@jinfin221don't be afraid yogi is doing very good work.
@@jinfin221 so ram mandir is a bad thing?
@@jinfin221 UP has the 2nd biggest GSDP in the country !!!
After Maharashtra ,UP provides most jobs for the professional and educated millennials .
You many want to count how many Indian companies and MNC's have their manufacturing/operations and HQ based out of Noida and Gr. Noida alone .
Culture and Economics are both important .
Infact cultural aspects too contribute to the economy of a state ,in big way .
I live in Lucknow, tier 3 city and I haven't had a place which I can call my home. So, instead of renting further, I will go for home. As you mentioned EMI to RENT Ratio, in Lucknow a rented flat will cost me atleast 10000 INR and if I take a loan of 30 lacs, for 15 years, at 7% interest rate then, it will cost me around 24000 inr as an emi and 30 lacs in Lucknow is good enough to make a home on 1000 sqft. Finally I will have a piece of India under my name as well. Which will enable my future generations to be even better. Spending 24000 inr instead of 10000 inr is a better deal and the loan will be payback within 10 years or 9 years.
Plus on home loan, one get tax rebates as well, 150000 exempt under 80c on principal amount & 200000 exempt on interest amount. So by the time I will be 40, I will have a Home.
Emi is just higher rent but at the end, you will have your own place and stability.
The video, the video into and your new look, top notch bhaiya 🔥🔥🔥
Really appreciate your effort ......so clean explanation............THANKS....KEEP POSTING AND GROWING
Segue to the sponsor was soo smooth!!👊🏻
Money matters. Its hard for buying a house or an apartment and maybe if we buy it might not be our dream home. I'm 19 , maybe within 5,6 years I will have to move from my parents home and obviously renting is better.
The editing of your videos has improved drastically! good job bro
Real solid work bro..
The animations and graphics in this video are a bit different from earlier ones. I liked these more. It feels like they are more smooth and fluent
I live in Jamshedpur, Kolkata and Delhi simultaneously. Being a 25 year old impulsive, impatient, career-oriented person I prefer to stay on rented flats instead of buying one.
Schrodinger's Tenant. Simultaneously lives in all three places
@@SAAARC heck yeah !
I am 26 and my job requires me to move between Chennai, Kochi, Bangalore and occasionally Mumbai I don't rent flats nor am I rich enough to buy any. Instead I just stay in my relatives (cousins, siblings and parents) home who just happens to live in all 4 of these cities :p
Free food and free rent, what more could you ask for xD
@@juice8431 that's great. But I'm least comfortable to do that.
Highly informative video, thanks Mohak
Best indepth and holistic approach for day to day issues... Thanks Mohak
Start-up entrepreneurs & TH-cam channels like Ankur warikoo, asset yogi, finology, Pankaj kamra, CA rachna helping our generation to be a better future
Ca neeraj arora also
Well , if you think as a bachelor , co-living really a good think like my brother and his 3 friends rented a 2BHK apartment in Pune for ₹14,000 .... Like it's cheap if you think and also there are no capsule hotels in India for people , which would have helped a lot
Very Informative Video. Thanks..! 👍
This is really well edited. Kudos to the video editor!
Renting is a way better option in metro cities.
BTW naya hairstyle accha lg rha hai bhai ke upar 😄😄
If I won't be a very rich in the future I would definitely rent a house rather than buying it because I don't want to spend my whole life paying loans and not spending money on cool gadgets
Thank You so much for sharing such informative content 😊
Great research!
Also, Buying a flat means you'll have to pay Property Tax. And be responsible for its maintainance. That too the properties in Mumbai, Delhi have skyrocketing prices. Which, may never be resold.While, Renting allows tax benefits without any major responsibility.
This channel makes case study on topics about which even thinking 5 lines is difficult 😅😅
The conclusion and introduction/title is so diverging...
Amazing work bro. Especially your editing stands apart from all other content creators.
I'm a Content Creator myself and I do aspire and get inspired by your work.
Keep going and more power to you buddy.
Cheers 🥂
This video is a slap on the faces of people who say, "You're over 25-30, now is the right time to buy a house". 😂
Lmao
Jeb me paisa hoga tab na kharid payenge ghar isliye 😂 ghar kharidna useless bolke cool ban jayenge 😎
Iss video ko sabse acha se tumba hi samjha ha
Exactly 🤣🤣
the level of editing, research, lucid manner of explanation is surreal bro! it feels undeserving to watch it for free but thank you anyways for these amazing videos.
Thanks for Prachi Yadav for doing amazing research fot this video. ✨
Bhai editor ka naam batao 🔥
Check description
11:06 Harshit Singh
Video poori dekh liya karo
i dont need to buy a house soon. but thank god my parents thought about this .
Thankyou for making such informative videos.👍
Thanks for always coming with an interesting topic