50 likes | 54 Views
Home ownership has a lot of sentimental value, in addition to making you feel independent. However, it may be more cost-effective to wait until later in your career to buy a new home and instead look at the secondary, resale, and rental markets.<br><br>
E N D
How Are Resale & Rental Properties Evolving as a New Trend in Real Estate?
Buying Vs. Renting In a country like ours, owning a home is a huge investment. Buying a home, on the other hand, isn’t always a good idea. Assume you’re just getting started in your career. Having colossal monthly EMIs is the absolute last thing you’d want for yourself. Even if you find a house with EMIs that are almost comparable to your monthly rent, the location will be inferior to the rental apartment. Furthermore, you have no idea if you’ll be staying in the same place in ten years. It is, therefore, a preferable decision to avoid buying a house for persons who are just starting their careers or wanting to generate money. There are some fantastic flats for rent in prominent areas, with many amenities- Zafir Rashid.
What Exactly Is The Resale Market? Simply explained, the resale market involves the purchase and sale of previously owned homes or properties. Houses that have been lived in and are not brand new are referred to as resale houses.