csrcsr Posted August 24, 2023 Report Posted August 24, 2023 2 minutes ago, andhra_jp said: 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 .. No Anna I did not meant that and I am not only supporting buying and everything is speculation 2019 lo 800 unna illu 1.2 chesi dobbaru 2 years lo , just for sake of it 20% 160k , 1.2 avuthe your 20% will become 240k time unte , ipudu the same home is 1.1 at this astronomical interest rates if it gets down to 5 5 .5 , will you get home for 1.1? Quote
Raja_Returns Posted August 24, 2023 Report Posted August 24, 2023 thanks anna you saved me correct agreement meda sign pette mundu e thread chusa 2 Quote
andhra_jp Posted August 24, 2023 Report Posted August 24, 2023 11 minutes ago, csrcsr said: No Anna I did not meant that and I am not only supporting buying and everything is speculation 2019 lo 800 unna illu 1.2 chesi dobbaru 2 years lo , just for sake of it 20% 160k , 1.2 avuthe your 20% will become 240k time unte , ipudu the same home is 1.1 at this astronomical interest rates if it gets down to 5 5 .5 , will you get home for 1.1? We cannot generalize property market appreciation to be equal around the world and every land is not BAY AREA to see that kind of appreciation.. There are many who lost money in buying selling of their homes and in general with few exceptions property market investments cannot beat inflation .. Even bay area also may see downfall if tech goes down for whatever reason.. Generally property market is placed under secondary investment strategy where primary is stock market .. 1 Quote
csrcsr Posted August 24, 2023 Report Posted August 24, 2023 1 minute ago, andhra_jp said: We cannot generalize property market appreciation to be equal around the world and every land is not BAY AREA to see that kind of appreciation.. There are many who lost money in buying selling of their homes and in general with few exceptions property market investments cannot beat inflation .. Even bay area also may see downfall if tech goes down for whatever reason.. Generally property market is placed under secondary investment strategy where primary is stock market .. ok did you got the understanding of the numbers ? I took same example in Bay Area Dallas etc , I always say the same general American real estate market is different from desi dominated areas no fundamentals are working and there is no sanity , will desis buy in other areas as primary mostly no Quote
tables Posted August 24, 2023 Report Posted August 24, 2023 1 hour ago, Netflixmovieguz said: Konneyaannaa 100k profit osstuntey. Memories r not made in assumptions buying house to build memories anedi myth. middle/high school tarvata mrodd@ kuda undaru kids intlo.. bayataki potam antaru. primary home should be bought for comfortable living.. thats it. if you are lucky that will become a investment automatically for next gen. 2 Quote
csrcsr Posted August 24, 2023 Report Posted August 24, 2023 Just now, tables said: buying house to build memories anedi myth. middle/high school tarvata mrodd@ kuda undaru kids intlo.. bayataki potam antaru. primary home should be bought for comfortable living.. thats it. if you are lucky that will become a investment automatically for next gen. will quote few examples if one can afford only can you paint the room for your son /daughter ? in rental home, for example you want a home theater system etc can you fix that in rental home ? always back of the mind inka ronni rojulu aithe velipotamu etc temporary anedi nee mind lo untadi yes once they come to high school they will kick you , unapude you make memories ani naa saransham PS: ante rental lo memories undava ani nenu anadam ledu , home is one of the sweet memory which you do max once , twice or thrice this is always debatable there is no correct or wrong Quote
andhra_jp Posted August 24, 2023 Report Posted August 24, 2023 21 minutes ago, csrcsr said: ok did you got the understanding of the numbers ? I took same example in Bay Area Dallas etc , I always say the same general American real estate market is different from desi dominated areas no fundamentals are working and there is no sanity , will desis buy in other areas as primary mostly no Yeah I understand your numbers and the appreciation percentages .. but nenu cheppindi it's not like every Desi dominated areas are bound to appreciate.. Very recently Oka comment chadivaanu in some wsj article that one Indian said he lost money when he sold his property in X area in new jersey .. Quote
andhra_jp Posted August 24, 2023 Report Posted August 24, 2023 6 minutes ago, csrcsr said: will quote few examples if one can afford only can you paint the room for your son /daughter ? in rental home, for example you want a home theater system etc can you fix that in rental home ? always back of the mind inka ronni rojulu aithe velipotamu etc temporary anedi nee mind lo untadi yes once they come to high school they will kick you , unapude you make memories ani naa saransham PS: ante rental lo memories undava ani nenu anadam ledu , home is one of the sweet memory which you do max once , twice or thrice this is always debatable there is no correct or wrong Bhayya, Own home konukoni job veere location loo maralsostee parisititi emiti ? There is nothing like own home as life itself is temporary.. Myself I have 2 own homes but stay in rented flat as own home I brought in bangalore is not in good location .. naaku sentiment leedu to have attachment to own home as end of day I stay where my day- to -day work is made easier.. Oppenheimer, Einstein lanti vallu permanent own homes loo yekkada vunnaru cheppu ? They both stayed in accommodation provided by that institute during their stay in Princeton and before that job yekkada vastee akkada rented home loo vundee vaaru.. Oppenheimer ayite born new Mexico then later brief stay in England, Paris, Swiss, Netherlands, then stayed in California and then again in new Mexico for that atom bomb project and finally in Princeton, NJ and also some time in US Virgin islands .. Quote
csrcsr Posted August 24, 2023 Report Posted August 24, 2023 5 minutes ago, andhra_jp said: Bhayya, Own home konukoni job veere location loo maralsostee parisititi emiti ? There is nothing like own home as life itself is temporary.. Myself I have 2 own homes but stay in rented flat as own home I brought in bangalore is not in good location .. naaku sentiment leedu to have attachment to own home as end of day I stay where my day- to -day work is made easier.. Oppenheimer, Einstein lanti vallu permanent own homes loo yekkada vunnaru cheppu ? They both stayed in accommodation provided by that institute during their stay in Princeton and before that job yekkada vastee akkada rented home loo vundee vaaru.. Oppenheimer ayite born new Mexico then later brief stay in England, Paris, Swiss, Netherlands, then stayed in California and then again in new Mexico for that atom bomb project and finally in Princeton, NJ and also some time in US Virgin islands .. einstien vale pedda vala sangathi teliyadu anna emo Anna at least mediocre like me in my case and many other cases staying 12 years in same place and many of my friends same in Dallas , NYC, Carolina etc marls vaste marutamu emo how many days you can hold ? at least I know people who are staying in big metros for a decade , I am not saying we will die in the same home your prime life lo 7 years anujkuna stay ani cheptuna , again I am not justifying to buy or not to buy every situation is different 1 Quote
Netflixmovieguz Posted August 24, 2023 Author Report Posted August 24, 2023 1 hour ago, tables said: buying house to build memories anedi myth. middle/high school tarvata mrodd@ kuda undaru kids intlo.. bayataki potam antaru. primary home should be bought for comfortable living.. thats it. if you are lucky that will become a investment automatically for next gen. after kids 25 age parents need small houses. rental is best job memory, pelli memory, kidsd memory, house memory. niyavvaaa iyyaala repooo memories ane sankalooo camera patttti baaaaaga 10destunarooley 1 Quote
andhra_jp Posted August 25, 2023 Report Posted August 25, 2023 6 hours ago, Netflixmovieguz said: after kids 25 age parents need small houses. rental is best job memory, pelli memory, kidsd memory, house memory. niyavvaaa iyyaala repooo memories ane sankalooo camera patttti baaaaaga 10destunarooley navvistunnavu bhayya..... old age loo dementia vachhindi antee all those memories will be gone... appudu kick movie loo laaga bossu neeku memory loss ani paata padalsindee 1 Quote
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