I think the writer did a good analysis. However he missed one thing - the difference between the emi and rent (rs 10,000) in this case can be invested in a good MF through SIP. After 20 years it will give you at least 1.75 Crore (based on the returns of the past 10 years, an investment of 10 pm in a good fund like reliance growth for only 10 years will give you 1.6 crores now - so I'm being ultra conservative for a 20 yrs period). Now you can buy a really good house in 1/75 - 2 crores corpus that you have !! at least far better house than paying an emi of 20K can afford. Any thoughts ?
