✅    The loan you take to buy a house is fixed a fixed amount (EMI) to be repaid every month, the EMI amount does not increase over time. Even in a period of thirty years, the amount of payment will not increase.

✅    By repaying the EMI of the loan, you build a permanent asset, which will be of great use to you in the future.

✅    On the other hand, the payment made in the form of house rent goes absolutely waste, on which you do not get any return.

✅    If you live on rent, the landlord will increase the rent by 10 percent every year. When moving from one place to another, it can be difficult to find a house with low rent.

✅    You will not have to pick up your household items again and again. There will not be any breakage in the luggage. Children’s schools will not have to change again and again. By giving this home to your child, you will be able to provide security to the next generation.

✅    If you have your own house, then it can come in handy in any accidental situation. You can deal with the situation by selling the house in difficult times. Overall your house is your permanent wealth.

✅    After a few years, when you sell your house, you get more money than you had invested in buying the house. You can also pledge the house if needed.