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 Buy reit or buy house?, Let debate!

Buy reit or buy house?
 
Reit [ 41 ] ** [63.08%]
House [ 24 ] ** [36.92%]
Total Votes: 65
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submergedx
post Feb 14 2022, 02:32 PM

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QUOTE(Evolving Skies @ Feb 14 2022, 02:08 PM)
Just asking some opinion from the larger community of kopitiam whether to buy house or buy reit, as I think that post covid will be bull year for property.

My fengshui master advised that I should buy a house to retain my passive income, but I felt bothered of too much hidden costs and considerations by owning a house (stamp duty, reno fee, security fee, low rental yield, etc). If buying reit will consider a better alternative?

Let discuss openly.
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Yes, family 6 of us can stay inside reit. Can no need to buy house. No worries.

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submergedx
post Feb 14 2022, 02:40 PM

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QUOTE(teehk_tee @ Feb 14 2022, 02:11 PM)
Property isn't the way to getting rich anymore.
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There's a will there's a way.

Employed under developer you can get staff price before the unit open to public and also massive discount.
You already earn gain percentage compared to the regular person.

Not rich, but still some money.

 

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