Vaagmi sirHi JK,
Why this selective hacking? Why take only the two sentences from my post and go on a soliloquy? You have not countered my argument with facts. Now let me reply to your points:
1. Acquisition of any asset (need not be a house-it can be a car, a mobike, a piece of land, a costly jewellery or even a lifetime asset of a wife!!!) is not for those who consider themselves to be ultra sensitive and keep changing jobs frequently for all kinds of silly and stupid reasons. The reason can be anything-a demanding boss, a conspiratorial team of colleagues, a distant office requiring long hours of commuting to and fro, a smelly workplace because it is right above a non-veg restaurant, feeling terribly insecure with complexes because of perceived inadequacy in performance of tasks etc., etc., Such a person will never stick to a job and will be a rolling stone earning very little, saving nothing and ending up with a lot of grievances against the society at large. A house is certainly not an asset for him and a housing loan is certainly not manageable by him. He can have hope only on his fecundity and the offspring s will have to make him proud. I have seen people like that.
2. If you have sufficient surplus after your monthly commitments of expenses-a family to look after etc.,-and if you are a IT payer and you are young too, there is nothing like a house acquired with a homeloan from a good bank. An asset which has an inherent accelerator of value matching the inflation to a good extent. If you have not yet settled down in your job with a long term perspective, then wait until you do that for investing in a house. If you are a rolling stone dont invest at all for you won't know when you will have to touch your savings.
So i still repeat my words: Invest in a house wisely in time or perish.
I understand your concerns
As far as item 1 of your post if a person cannot take the pressures of modern work life involving a lot of commuting and 12 hour worklife and is inadequate in performance ,there should be a decent life for such persons also. the society should be enablers for them to acquire movable assets such as cars etc and immovable assets such as house. a good answer for them is a govt job ,he can be both secure and retire on .Govt can also give housing for them until retirement. He also deserves a wife[why not] . they can make wonderful husbands as they have a peaceful and non challenging worklife and be wonderful parents for all you know. By retirement ,next generation can take over. In joint brahmin families there are many like this. we do not discard them and throw them into dustbin. in fact they would be considered successful. only effort is to see that do not change jobs . others can make up in the family for what such a person does not earn and ensure their wife and children are not frustrated because of him. these types are much better than ambitious types working in MNCs and running after high pressure jobs and money
2. your idea that a person should earn enough to have seed money to buy a house and have housing loan from bank to get a house after a few years is sound. before that he should marry and have a child or two. then he will happily spend his life paying for his actions for a lifetime paying for his kids education and home instalments . what more than this can a girl hope for from a husband. great thought . LOL
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