Rent and relax

[Vikkask]

10 minutes ago, Netflixmovieguz said:

Howw much appreciated last 1 yr kaka

Yr yr choosukuntava? On avg home prices increase by 50-100% in 10 yrs span ignoring years like 2021 & recession 

[Netflixmovieguz]

4 minutes ago, Vikkask said:

Yr yr choosukuntava? On avg home prices increase by 50-100% in 10 yrs span ignoring years like 2021 & recession 

Dabbbunnollannaaa miru

[Vikkask]

8 minutes ago, Netflixmovieguz said:

Dabbbunnollannaaa miru

Risk vs reward 

i am not saying everyone should buy home or not. Its upto individual. 

[Kootami]

8 hours ago, sarvayogi said:

prices should increase even more and also interest. rates should be like 10 percent.

chillara buyers will be out of market and stay in rent forever and investors will be getting passive money

Edchinattundi ne logic. Even investors cant buy houses if rates are that high . Break even avvadu , already rentals untey benefit kani even then they cant buy more evwn though they have cash

[csrcsr]

1 hour ago, Aquaman said:

em antunav anna  2 lines lo chepu, sedha seda

Affordability (incom),  cash reserve , Job mida confidence unte konukondi, thing about 7 year staying in the house or atleast 5

Maa oorla suttala pilla 5 jobs chesi 2 houses konnadi ani fomo lo konakandi anna anthe there is no correct or wrong

 

[csrcsr]

1 hour ago, Netflixmovieguz said:

Simple English annnaaa

>30-35% paycheck to mortgage no

taxes+fees > rent no

Yettosthaayanna.

Let's see after 7 years emi avutundo e roju konavalu 

[futureofandhra]

2 minutes ago, csrcsr said:

Affordability (incom),  cash reserve , Job mida confidence unte konukondi, thing about 7 year staying in the house or atleast 5

Maa oorla suttala pilla 5 jobs chesi 2 houses konnadi ani fomo lo konakandi anna anthe there is no correct or wrong

 

tell me with the current interest rates does it make sense to buy?

mee lanti rich folks cash tho leputharu   not possible for every one

 

[csrcsr]

4 minutes ago, futureofandhra said:

tell me with the current interest rates does it make sense to buy?

mee lanti rich folks cash tho leputharu   not possible for every one

 

Nee degara entha cash undo naaku emi telusu anna , job undi anuko , lucky lo spouse ki kuda job undi anuko inka no brainer single job emina jatka padithe oka5 month reserve unte why not?

[futureofandhra]

3 minutes ago, csrcsr said:

Nee degara entha cash undo naaku emi telusu anna , job undi anuko , lucky lo spouse ki kuda job undi anuko inka no brainer single job emina jatka padithe oka5 month reserve unte why not?

just kidding you 

ee interest rates @Sucker bro shopping rates laga chala high ga vunnayi

[Netflixmovieguz]

23 minutes ago, csrcsr said:

Let's see after 7 years emi avutundo e roju konavalu 

Whoo said after 7 yrs annaa. Its abt now or nxt 6 months to a yr

[csrcsr]

1 minute ago, Netflixmovieguz said:

Whoo said after 7 yrs annaa. Its abt now or nxt 6 months to a yr

Nenu cheptuna kada if it's that short term assuming rates are going to come down in year just for sake of it 5 anukundam 500k home will be 600k

May be winter lo prices will be low that's every year

[Netflixmovieguz]

6 minutes ago, csrcsr said:

Nenu cheptuna kada if it's that short term assuming rates are going to come down in year just for sake of it 5 anukundam 500k home will be 600k

May be winter lo prices will be low that's every year

Konneyaannaa 100k profit osstuntey. Memories r not made in assumptions 

[csrcsr]

1 minute ago, Netflixmovieguz said:

Konneyaannaa 100k profit osstuntey. Memories r not made in assumptions 

Nenu anadi if it goes to 5% from 7.5% , it's assumption 

[JUST444FUN]

15 minutes ago, csrcsr said:

Nenu anadi if it goes to 5% from 7.5% , it's assumption 

Manchi recession vaste kani inflation control ki raadu… appudu kaani 5% ki raadu.Adi jaragalante chala chandalalu chudali 

 

appatidaka ee disco nadustune unntadi 

[andhra_jp]

11 hours ago, csrcsr said:

mixed opinions Anna always never assume only one thing is correct , dont be desperate at the same time dont be stubborn I will not 

people who bought have the below opinion

if u can afford why not ??? Anna bank odu mana DTI chase istadu , dont only remember 2008 , take into account how many built multiple home portfolio desi areas lo couple working or people doing two jobs or one job with good income

  if u wait for interest rates to go down can u get a home ? ur 20% savings then will become 10% with inflated price 

you are gambling on premise interest will come down in one two or 3 years I you can take that buffer plus interest is tax breaked

home is not only money dollar to dollar its a place where you make memories emotions ,

 

People who did not

say rent is cheaper same style home rent tisukunte , always have flexibility , need not confine to location I will buy when its my time 

So this debate will never end 

one thing is sure no one can time market (evaru aithe anukuntaro I timed market ani they are just lucky anthe)

 

 

20% saving will become 10% due to inflation antunnavu but did not provide timeline in your post? 

In general it takes 10yrs for 20% saving to become 10% 

But is there guarantee that home asset valuation  will be  double in 10yrs ? Also what about additional interest we will be paying to the bank ..