The Economic Times

Think buying a house is a smarter investment than renting? Bengaluru CA warns of a costly real estate trap

Bengaluru-based CA Meenal Goel challenges the belief that buying a house is always a smarter investment than renting. She suggests considering whether you will live there for 15 to 20 years, keeping the EMI below 30% of household income and questioning the need for a second property. For investment, she says land may be worth considering when the numbers make sense.