The case for buying a house. Hear me out, don't block me. This is an alternate view.
House = home, for consumption, self-use. I'm not referring to investment homes.
First, buying your own home is an emotional decision that cannot be captured on an excel file.
Second, homes are expensive and will stay expensive. Dream homes are even more expensive.
Third, therefore it makes sense to save up a large kitty as down-payment for your dream home.
Fourth, where to get large corpus? bonus payouts, sale of investments, stake sale etc (seen those homes of Sharks?)
Fifth, selling stock/shares/equity to buy your own home is totally legit. In fact, you even get a tax break (t&c apply).
Sixth, owning your own home takes a major expense off your life. Mental peace cannot be measured in rupees.
Seventh, paying EMIs every year = tax break. Take advantage of that.
Eighth, the real estate market is a bit more sober now, you can negotiate good deals. Or wait till interest rates peak out.
Ninth, owning your own home = no landlord ever. Like I said, emotion + mental peace.
Please do NOT stretch yourself financially for your own home. Never, ever. Rent when you can, buy if you absolutely must.
Disclaimer: yes, rental yields are 2% and interest rates are 9% so rent forever! this is just an alternate, emotional view. #YMMV
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