Well Cupid striked my mind when i read this article, Well if you buy a house worth 25 lakhs and rent it for say 15k which is the min. rent you can expect in a good location. Then you bargain your lifestyle for a 8k Rented home and pay an EMI of 20k monthly. Which is (rent you get 15k minus 8k rent you pay = 7k) so you need to add up another 13k from your pocket. so you pay less from pocket, get rent for your property and make an Asset for yourself.. (** well tax factors are always there for you to tackle, it depends how good you are at it)in the end at your old age you have a home good for your living and after retiring you cannot afford to pay 15k rent, so the so called Home loan is taken to shelter yourself in olden days... Lot can be written but this is just a brief explanation..
