What is the right
time to Buy Real Estate?
"In my opinion, there is no such time.
It’s a fight between your Brain and your Emotions"
Consider the following factors before you decide to go ahead,
I feel you will get the answer
- Is it a Need or Luxury?
- Family or Peer Pressure?
- Are you going for it ONLY because of
low priceor attractive offers? - Influenced by the information available in Newspaper / Web Articles / Journals / Expert Views / Podcast, etc.?
- D0 YOU (yourself not by arranging) have the required Cash Flow for down payment?
- Can your upcoming EMI be paid out of your 40% Income?
Neither be optimistic or pessimistic. Be Practical!
The answer to this question cannot be generic, it differs because we all have different situations.
Think over it and post your views on the comment box below.
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