just creating this thread for an open discussion... is it by buying a landed property...you can definitely earn better than FD rate?

the question here is whether to invest in a landed property or invest through other means like mutual funds, equity etc...

my father seems to swear by landed property but for me, i feel if i buy one, my financial will be fully tied down to the house only and i can't do anything anymore... i did think about it and a few concerns i have:

1. BLR interest rates, no one can guarantee if it's going to remain the same or goes up?
2. cost of maintaining a house
3. financial fully tied down by loan for the house, if you ever buy, you sure wanna try to pay up the loan asap cause now BLR also 6.75%, FD cannot cover also. In other words, less liquidity for you.

so lets say i buy a house now, i think for sure the price will go up...but will you really earn? because some of the money already paid to bank interest and also you might spend some money to renovate the house and bla bla bla... other expenses for the house...

so net total is, will you still earn at a rate better than FD which is 3.7% at this moment? (assuming worst case la) of course we can invest some other place with better returns...

what say you guys ???
should buy a landed house and be bonded by the loan? or should i maintain my way of saving money first and invest at mutual funds/equity? i just feel that buying a house is something like buying above your means... because u owe ppl money but then we invest in what we can afford.... u don't invest more than what you have...so ur not in debt....

hmmm......

i know FD is crap investment...i am just showing a worst case example, means worst case we put FD also we earn 3.7% every year..

so when you buy house.... what is the net income/net return after deducting all the cost like maintainance, fees etc? since bank interest rate BLR is now 6.75%, does it make sense to loan the money and be subjected to high interest rate or keep existing money and invest in other investment vehicle?



big decision cause for me, once i invest in one landed house, my money will be fully tied down by the house deee and i can't really focus on other investment...so mainly i will only focus to pay the house loan...