Firstly every individual dreams of owning a house !! Period. Try telling your wife that you save 1 lac per year because you rented and did not buy a house !! I will send your flowers on your funeral :-)
Secondly, on rented premises, you cannot bang even as much as a nail into the wall without informing the Landlord !! That's just for beginners !! Forget painting, furniture etc Your heart will never be in it !! It's rented for heaven's sake !!
Thirdly, 45,000 pm is a great salary for many and to get that much the guy's surely skilled in his work !!
By the time's he's married, he's got an avg of 7 years of work experience !! And some savings !! With dad and mom and the great Indian joint family help, what the heck will he need a loan for !! Maybe tax breaks !!
So all this is unrealistic !!
There is no content !! Never rent !! Buy !! Buying may hurt you once, renting will kill you slowly everyday
Rajiv
And if you earn less than 20K pm, you will probably not be reading all this
