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 buying a property during pandemic, yay or nay

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mini orchard
post May 19 2021, 05:40 AM

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QUOTE(banggala @ May 18 2021, 12:04 PM)
true, thats one thing.

another i also read that in next 3 years the price might be going further down due to developers harder to sell their houses because of pandemic..

not sure how true this is.

I think buying property is quite a huge commitment and i am not sure when i should pull the trigger and buy my first housesad.gif
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When one is committed to a long term liability like a housing loan, be prepared for an exit plan if one cannot cont to repay. When shit falls from sky, be prepared to cut losses and DONT wait for the bank to do it for you.

The key to a successful long term commitment is to buy within affordability and have financial plans to repay within the shortest time.

 

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