🤔🤔 Can You Buy a House After 50?

追加: 2026-05-22

[00:00:02]Buying a house is not a vice for me because now I have to pay EMIs for that house. To pay EMIs, I have to keep working for someone for life, whether I like it or not.

[00:00:13]So I have to get out of this employee mindset. I want to become an entrepreneur, that is, I don't want all these things. That was one reason. The other reason is that if I buy a house, I have to stay in that house whether I like it or not. If we like it or not, there are dry drain problems, water problems, any problems, whether the motor works or not, whether there is no connectivity, etc. There are various reasons. I was giving myself reasons to leave the house and go, that was one more reason [laughter], I was avoiding it, and one of the clients probably had two children under 10, that is, eight or nine years old.

[00:00:50]They wanted to buy a house.

[00:00:52]Somewhere, their own resources are not helping them buy a house. It could be their earnings, it could be EMIs, it could be down payment, all that. But sir, I want to buy a house. Can you help me? Please advise me.

[00:01:03]First of all, you have decided to buy a house. Let's think about whether it's right or wrong. I advised them [clearing my throat]. But what's wrong, sir? If we give our children their own house, then after our working life, when we reach 60, we will go and live in the outskirt or in the village.

[00:01:17]Shouldn't this be left for the children?

[00:01:19]Financially, it is not the right decision. If you want to give it to them, you can give them direct money.

[00:01:23]Now, even in the case you have shown, if you buy it, you can give 3 crores, if you don't buy it, you can give 12 crores.

[00:01:30]Number two, if you actually want to give this to children, give them more confidence than this. For example, if you have been here for three years, you will get to know your neighbors in a community. It's not that I became a Shur for some reason, but you moved to another community, whether it was for school or a job, and you met new people there. What happens subconsciously without us knowing is that if children are left in a comfort place, they will grow up with the same familiarity and familiarity that surrounds them. A boy who grew up in a temple and moved to a new place might be intimidated if he has to give an interview in Hyderabad.

[00:02:05]A girl who grew up in a village suddenly feels nervous if she has to give a face in Hyderabad. What this means is that moving house to four different places is not necessarily wrong. You'll have four new neighbors in four different places, and once you get used to the mindset and start talking to new people, your shyness will start to diminish. So, instead of buying a house for your children and giving them the same house and having everyone around them be themselves, they should be given the comfort of school, the comfort of your job, the comfort of their place, the comfort of their play area, whatever their priorities in life are. During the time they are close, they develop some other connections and learn a lot from them and adapt to them, so they become very mentally strong. Somehow we understood that more money than this money will come if we don't buy a house. So we are giving the best mindset to our children, giving them the opportunity to learn new things, meeting new people and even giving them better money.

[00:02:57]So they understood then that we want to buy a house, but we are wrong to set the wrong goal and still struggle for it. You and I, if we do it together, it is not a good thing, society will not see us like that. It is like saying, "It's okay, we are not for society, let's live for ourselves."

[00:03:18]Correct, correct, but as you said, I implemented some things without knowing, that is, I could not buy a house, but whatever I wanted to do in life, with regards to my daughters' education, her marriage or various things that I wanted for myself, I was able to do all these with the money I earned with my hard work. Yes, that gives me immense satisfaction.

[00:03:40]Except for one point, I don't have a house. If you were doing all the rest, you probably would have had to work as you said. That is, whether you would have become an entrepreneur or not. Number one, number two, that is, instead of those EMIs, you invested that money in other ways.

[00:03:57]That way, you can plan better when it comes to your child's marriage, and ultimately, it brings more happiness to people around us, especially children, than buying your own. I think you have been vice, you say, not knowing whether you know that.

[00:04:12]I didn't know then. Even though I took that pressure and took a lot of pressure, there was no house for a house. No house. No house. I was like, but again I decided that I don't know. I'm not going to buy. But tell me one thing. Now that I am at this age, when do they say, "Is there still a possibility for me to buy a house?" If you don't get loans at this time, the bank won't give loans, so you have to pay 15 years again. All this is different. Will I also be able to buy a house at a go? No matter how much money we have, if possible, we should invest that money in another asset and buy a house on a loan. I believe that when you buy, when you buy, because even if the 9% you thought was between 8 and 9%, you won't find interest anywhere lower than that. Um, what we say is that we shouldn't do something, that is, don't give money at interest because we give it to people around our house or to people we know privately, saying that it will help them. Let's earn interest, not to give it away. I tell myself, but we all have the understanding since childhood that to those next to our house, to those in front of our house, that is, to those who are our own people, who don't trust us and suddenly run away, many people give us two rupees at interest, okay, one and a half rupees at 18% interest, but it keeps coming. There's no need to make it a point to give, but the culture we know, as a child, I knew that we took and gave if we could.

[00:05:34]So what happened here? We have one crore rupees. We thought we would buy a house with one crore rupees. If you buy it, you don't have to pay EMI. I can happily own my own house with the same board.

[00:05:45]Suppose you took the same loan, you have a crore rupees, one crore is a big amount, but let's say you gave 50 lakhs down and 50 lakhs. If we ask for 50 lakhs to the people next door for their needs, they will get 18%, right? For us, it means a rupee and a half interest, right? That means we know that somewhere, we need to learn something in equity, study something, follow up something, hire someone like me, I am telling you what is around us, it will get you 18%, you pay 9%, you will have money left even after you pay the EMI, the house is still a house. Ya ya, that is, after 10 years, 15 years, 20 years, we will not get money from people around us, so the underlying theme here is that our house remains with us, so 50 lakhs remains the same, we have received interest from 50 lakhs, we have paid off our home loan with that interest, so we think we will buy a house with full money, even if it is at any age, okay, now when we reach this age, we will not get a 15-year loan, yes, so at this age, depending on our capability and affordability, we can take a five-year loan and pay it off, we can pay it off, that's what we can plan, but loan is loan is mandatory because no matter how much you take, 9%, whether you take it for five years, 10 years, 20 years, 9%, so [clearing throat] money at such a low rate Rao Pony, to put it another way, if you put aside the issue of interest, you know that an area will grow because it is not used as a job.

[00:07:11]For example, let's say we are in Hyderabad and we know some areas, including Tukku. Um, we thought that area would grow because it's close to the airport.

[00:07:19]You have one crore rupees. I have the ability to pay the EMI.

[00:07:23]But why do you think we should pay EMI for all this? Let me give you a counterpoint: Take a loan of Rs 50 lakhs, take this Rs 50 lakhs and buy a plot of 500 yards in Tuttiguda. It won't go up and down every day.

[00:07:40]You decide to sell it after five years. In general, land values ​​tend to increase significantly in growing areas, doubling every three to three and a half years.

[00:07:49]Growing areas are a good investment, but some are stuck and get stuck.

[00:07:53]Imagine it has doubled in these five years. You got almost 20% of what you earned.

[00:07:59]You invested 9% here. That means if you invested 95 here, you got 45 there, and you got 100 there.

[00:08:04]That means 55% profit, right?

[00:08:06]You mean there is also land, there is this property, there is that property, we have paid EMI here, so you can create another property from one property. Um, if you go to the bank today and say, "I have some money, I'll make a fixed deposit," the banker will give you 7%, six and a half, or something like that. You go tomorrow sir, I want to take a home loan, that is, you will be given a loan at 9 percent again.

[00:08:29]Yes, okay, I went instead of you. Your neighbor went. They take money from someone and give money to someone else in a fixed deposit. Bankers do business with money that is not their money, that is why they have a license. It is all organized right.

[00:08:42]Knowing this, if you take money from a banker, it will come at 9 percent.

[00:08:46]If you buy land, it will double in five years, which means you will get 20%. And you can do the same, right?

[00:08:52]We want to buy a house without a loan.

[00:08:55]Why? If I can say from this whole conversation, I decided to buy a house early, not early, but at the right time. Based on my circumstances, I am 40 years old. Generally, clients are 45. In fact, I got 40. 40 is the age where we start. By then, if we have established all our contacts as credible, if we have respect, we know that children will be a farm, and we will have a set of work around us. It will multiply from there.

[00:09:25]It could be work, it could be money, it could be credibility, until then we will be correct.

[00:09:29]So, for those five years, we can enjoy that credibility and then, at the right time, we can buy a good house that satisfies the even society. The idea is that you bought something before and it became too small, so you sold it and bought something else and didn't need it all. Good so you say the right age of purchasing a house is 40, that is, 40 plus, then repayment will be a little easier.

[00:09:48]We have confidence levels. We also feel proud and probably you will buy that asset that you are going to live in.

[00:09:58]You know I am going to live in this city. You know your children are going to be in this schooling.

[00:10:02]You know your work or job is going to be in this area. So that will be a conclusive decision. I think that if you bought it first, it would be like buying people for the With All Due Respect society and bringing them into the house.

[00:10:14]Because very rarely do people who buy a house in Hyderabad and live in Hyderabad for a long time, if they are doing a low-paying job, they will go to the US if they get a better profile. At least they go to Bangalore and stay there. You do n't need to buy it. You'll understand after 40, right?

[00:10:28]But Vijay or Vijay's father never asked you. What about buying a house of your own that we have with us since this month?

[00:10:34]You manage all our assets. You take care of all our money. Well, how about you? What about you? I mean, [music]