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 Is it recommended to buy Studio house?

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Femsroot
post Sep 29 2022, 08:00 AM

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For most that think die die must own a property and not rent please think again. If u gonna buy at 400-500k now and by the time u wanna sell how much u think the house worth? Will it reach 600 -700 k as u wanted? Most probaly u only selling 500-600k. 100k lesser than what u want.

Don't forget u r only paying interest for at least 15 yrs for a 30yrs home loan. So even u sell at Yr 15 u probaly still owe bank 300k (buy at 400-500k)..so after selling n paying off the bank and minus the interest u paid all these Yrs u probaly just end up same. Don't forgot mthly home maintenance. Gomen bills.

If u rent u fix ur mthly expenses. Please don't think buying house is investment nowadays. Price won't cone down but have stagnated due to over supply. Unless u buy at prominent area then different case. Or u not selling for few decades. Can keep for kids. My 2 cents.

This post has been edited by Femsroot: Sep 29 2022, 08:03 AM

 

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