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House is not an asset
by Sachin Rastogi on May 03, 2007 11:55 AM

I disagree with Author that house is asset as it doesn't generate any values for you. Even though home value gets increased, you are going to sell your home.

Staying on rent is a better option if you have to choose one your own house or rented house. It is meant for those who already staying in their homes :)

Moreover, in no metro cities, you can buy a home in 25 L and rent for flat which costs 35L may be maximum 7-8 K (exceptions are excluded).

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The above message is part of the Discussion Board:
Buy a house or stay on rent?