To rent or to buy? A classic question that never leaves our heads.
We’re all victims of the insanely high rent prices and Nikhil Kamat, co-founder of Zeerodha has recently brought this up.
With rents going up so fast, it might be wiser to buy the same place and pay EMIs instead of paying rent, don't you think?
A guy who rented a place in Whitefield, Bengaluru, witnessed a 57% rent hike in just one year.
But what’s the reason?
It’s the basic game of demand and supply!
After COVID, a lot of people are moving back to the cities for work and the demand for houses is at an all-time high. On the contrary, the number of unsold residential properties in India in 2022 is the lowest it's been since 2014 as many builders couldn’t complete their projects on time due to COVID, and interest rate hikes.
Recent trends only point towards rising rentals in the coming years.
So, are you going to keep renting or buy your next place?
Drop your views in the comments below and let’s discuss.
To rent or to buy? A classic question that never leaves our heads.
We’re all victims of the insanely high rent prices and Nikhil Kamat, co-founder of Zeerodha has recently brought this up.
With rents going up so fast, it might be wiser to buy the same place and pay EMIs instead of paying rent, don't you think?
A guy who rented a place in Whitefield, Bengaluru, witnessed a 57% rent hike in just one year.
But what’s the reason?
It’s the basic game of demand and supply!
After COVID, a lot of people are moving back to the cities for work and the demand for houses is at an all-time high. On the contrary, the number of unsold residential properties in India in 2022 is the lowest it's been since 2014 as many builders couldn’t complete their projects on time due to COVID, and interest rate hikes.
Recent trends only point towards rising rentals in the coming years.
So, are you going to keep renting or buy your next place?
Drop your views in the comments below and let’s discuss.
.
.
.
#propreturns #realestate #investment #investing #passiveincome #residencial #rent #buy #high #prices #NikhilKamath #Zeerodha #EMIs #place #Whitefield #Bengaluru #renthike #demand #supply #COVID #cities #work #unsold #residentialproperties #India #builders #projects #interestratehikes #risingrentals #views #discussion
We’re all victims of the insanely high rent prices and Nikhil Kamat, co-founder of Zeerodha has recently brought this up.
With rents going up so fast, it might be wiser to buy the same place and pay EMIs instead of paying rent, don't you think?
A guy who rented a place in Whitefield, Bengaluru, witnessed a 57% rent hike in just one year.
But what’s the reason?
It’s the basic game of demand and supply!
After COVID, a lot of people are moving back to the cities for work and the demand for houses is at an all-time high. On the contrary, the number of unsold residential properties in India in 2022 is the lowest it's been since 2014 as many builders couldn’t complete their projects on time due to COVID, and interest rate hikes.
Recent trends only point towards rising rentals in the coming years.
So, are you going to keep renting or buy your next place?
Drop your views in the comments below and let’s discuss.
To rent or to buy? A classic question that never leaves our heads.
We’re all victims of the insanely high rent prices and Nikhil Kamat, co-founder of Zeerodha has recently brought this up.
With rents going up so fast, it might be wiser to buy the same place and pay EMIs instead of paying rent, don't you think?
A guy who rented a place in Whitefield, Bengaluru, witnessed a 57% rent hike in just one year.
But what’s the reason?
It’s the basic game of demand and supply!
After COVID, a lot of people are moving back to the cities for work and the demand for houses is at an all-time high. On the contrary, the number of unsold residential properties in India in 2022 is the lowest it's been since 2014 as many builders couldn’t complete their projects on time due to COVID, and interest rate hikes.
Recent trends only point towards rising rentals in the coming years.
So, are you going to keep renting or buy your next place?
Drop your views in the comments below and let’s discuss.
.
.
.
#propreturns #realestate #investment #investing #passiveincome #residencial #rent #buy #high #prices #NikhilKamath #Zeerodha #EMIs #place #Whitefield #Bengaluru #renthike #demand #supply #COVID #cities #work #unsold #residentialproperties #India #builders #projects #interestratehikes #risingrentals #views #discussion
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