Buy a house only if you don't plan to change city and can afford it

Renting provides flexibility vis-a-vis size of the house and geography, frees up finances

With the residential real estate segment reviving after a prolonged period of stagnation, prices are likely to move up, albeit slowly. Those considering a house purchase may feel the pressure to lock into the current price. Simultaneously, high inflation is exerting pressure on household budgets. Home loan rates, too, are rising. A married person may also be experiencing parental pressure to ‘settle down’ (parental-speak for buying a house). For all those struggling to make the buy versus rent decision, here’s a roadmap.

Buy if you will use it

Buy a house if you can tick a few boxes. “If you