Is owning a home a real investment?

D

dimpy.handa

Dimpy Handa
Some people choose to rent all their lives for many different reasons. Some could afford to own a home, but still choose the option of renting instead.
People who are homeowners more than likely will look at their homes as an investment.

Is it correct to say those people who can afford a home but still continue to rent actually are losing money, or as most say, wasting their money? For those who decided to purchase homes, can we really say their home is an investment?

Is renting really wasting your money? Is owning a home really an investment?
 
dimpy.handa said:
Some people choose to rent all their lives for many different reasons. Some could afford to own a home, but still choose the option of renting instead.
People who are homeowners more than likely will look at their homes as an investment.

Is it correct to say those people who can afford a home but still continue to rent actually are losing money, or as most say, wasting their money? For those who decided to purchase homes, can we really say their home is an investment?

Is renting really wasting your money? Is owning a home really an investment?
Click to expand...

Yes even i agree to u dimpy,
Owing a home is a real investment. Nowa days real estate sector is booming if u have enough money buy a home in a developing or backward area with low investment and wen tat area is developed u will get a good return for the investment u made.
 
Yes, even i do feel that owing a home is an investment, specially looking at the trend in the real estate sector where the price of property has a good increase year by year specifically in big cities...
But having a home on an home loan might be a dicy situatiion, where the interest paid might turn this investment a poor option....
 
Nowadays , ppl started looking Home as an investment. Earlier,people buy home to have asset in their name and will mostly occupy the house once it is ready.But nowadays,ppl look at as an investment rather than as an end user.So,people intially book a house and then will sell it once it reaches the target price.So,house trading has become a commodity nowadays.This is creating a asset bubble and I'm not sure when the bubble is going to burst.

-Deepak.
 
to me it is obviously an investment, given that its at a strategic location. in time, the value will definitely go up. thats just my opinion
 
the mumbai real estate market is highly overvalued considering the supply coming, lack of buyer demand due to inflated prices and increase in interest rates

So buying a property today is definitely not a good investment atleast in mumbai
 
owing a home is not an investment but it is a liability on the owner. Because most of the people take loan which builds the house and until the loan is paid it is certainly an asset.
If the house is built by the own money, a there should a proper understanding between what the person is getting from the property and what are the interest rates prevailing.Also consider the inflation.
 
You must log in or register to reply here.
Back
Top