ilmscore | Buy vs Rent - who wins in 10 years? | Ankur Warikoo #shorts

Buy vs Rent - who wins in 10 years? | Ankur Warikoo #shorts

Published: 2024-08-03
Status: Available | Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
A property purchased for ₹50,00,000 is predicted to be worth ₹1 crore (10,000,000) after 10 years, assuming a 9% annual return.
"the return on real estate is around 9%, so the house is now worth 1 crore."
Real Estate Investment
Pending
An investment of ₹50,00,000 is predicted to grow to ₹83,00,000 after 10 years, assuming a 15% annual return (not inflation adjusted).
"Assuming the return on investment is inflation not adjusted at 15%, then after 10 years you will have ₹83 lakh."
Investment Return (Inflation Adjusted)
Pending
The speaker advises against buying a house in one's 20s and suggests waiting until after the age of 35.
"That is why I say stay in your 20s and buy a house after 35."
Home Purchase Timing
Pending