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Prem Soni
4K posts

Prem Soni
@ValueWithPrem
Helping Indians build & protect generational wealth Advising Young Founders | Capital Strategy | Asset Protection | Jeweller | NISM certified Research Analyst
Katılım Nisan 2020
1.4K Takip Edilen30K Takipçiler

RT if you agree wealth protection matters more than tax saving.
Follow @ValueWithPrem for insights most people learn too late.
Are you focused on saving tax or protecting wealth?
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@DrCurse11 So how does the middle class earning 12 lakh a year own one? Don’t you think this has gone out of reach?
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@ValueWithPrem house is first and foremost a place to live and stay ....its this discourse that its an investment that is screwing everyone up
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@ValueWithPrem Will stay in rent and will tell everyone that I have purchased it.
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@thenitinnarain I’ve seen fathers stretch their entire life savings for a big family home. 20 years EMI. Sacrifices everywhere.Then kids grow up to Call it old or move to another city for a job.
The house stays. The life that was sacrificed doesn’t come back.
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Ok,
So where is this Bunglow? and how big is property ,?
PS: real benefit of RE, your kids will get!
Prem Soni@ValueWithPrem
A fully furnished bungalow worth 3 crore is available at 60k rent. Is it worth buying property at this insane bubble? Will you bury ₹3 Cr in cement just to impress your relatives?
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@MumbaiRealtor But why high property price and low rental yields?
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@ValueWithPrem You don’t buy your first home to impress anyone.
You buy it to own your life.
Rent is cheap till the owner changes terms.
EMI builds an asset.
Rent builds nothing.
Same ₹60k.
One disappears.
One compounds.
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@ValueWithPrem You have stated the exact problem of real estate now. Prices are very high but the rent is low. So you are right that why not just enjoy the same property on rent.
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