Owning a dream home in Bengaluru is often seen as a milestone, but for one family, it has become a source of stress. A story shared on X by a user called Wealth Whisperer has stirred a heated discussion about whether buying property in India’s metros is worth the risk compared to renting.
Wealth Whisperer narrated the story of her cousin’s husband, who purchased a flat worth Rs 1.3 crore a few years ago. With a hefty down payment of Rs 50 lakh and monthly EMIs of Rs 78,000, the family managed to keep up—until a recent job loss from an MNC turned the investment into a financial strain. She revealed that she advised him to sell the flat and start afresh with new plans.
Internet debates
The post sparked strong reactions. One user compared it with his own experience, saying he bought a flat for Rs 65 lakh in 2020, made a down payment of Rs 20 lakh, and took a loan of Rs 45 lakh. His EMI came to around Rs 40,000, but he claimed that he could now rent the flat for Rs 55,000 or sell it for Rs 1.5 crore. He also added that at one point, he rented the property out, used the proceeds to repay part of the loan, and now felt confident he could clear the balance with his PF.
Others weighed in on the bigger question. “Is it really worth buying costly apartments these days, or should we just rent?” asked one user. Wealth Whisperer responded that there is no universal answer, explaining that it depends on a person’s bank balance and the prevailing rent.
Some users shared their philosophies on money. “That’s the only reason I pay in cash: one-time payment, no EMIs,” wrote one. Another questioned the wisdom of taking on debt with an unstable job, suggesting that only government employees enjoy true security. Wealth Whisperer countered this by claiming that over 90 per cent of Indians are in private jobs and will naturally want to buy homes, but the real key lies in calculating the risks before taking on heavy debt.
Wealth Whisperer narrated the story of her cousin’s husband, who purchased a flat worth Rs 1.3 crore a few years ago. With a hefty down payment of Rs 50 lakh and monthly EMIs of Rs 78,000, the family managed to keep up—until a recent job loss from an MNC turned the investment into a financial strain. She revealed that she advised him to sell the flat and start afresh with new plans.
Story of my cousin Jiju -
— Wealth Whisperer (@chai_and_chat) August 16, 2025
Purchased flat in Bangalore couple of years back - cost 1.3 cr
Down payment - 50 lakhs
EMI - 78K/ month
Laid off by Microsoft recently and now living very stressful life.#layoffs
Internet debates
The post sparked strong reactions. One user compared it with his own experience, saying he bought a flat for Rs 65 lakh in 2020, made a down payment of Rs 20 lakh, and took a loan of Rs 45 lakh. His EMI came to around Rs 40,000, but he claimed that he could now rent the flat for Rs 55,000 or sell it for Rs 1.5 crore. He also added that at one point, he rented the property out, used the proceeds to repay part of the loan, and now felt confident he could clear the balance with his PF.
Others weighed in on the bigger question. “Is it really worth buying costly apartments these days, or should we just rent?” asked one user. Wealth Whisperer responded that there is no universal answer, explaining that it depends on a person’s bank balance and the prevailing rent.
Some users shared their philosophies on money. “That’s the only reason I pay in cash: one-time payment, no EMIs,” wrote one. Another questioned the wisdom of taking on debt with an unstable job, suggesting that only government employees enjoy true security. Wealth Whisperer countered this by claiming that over 90 per cent of Indians are in private jobs and will naturally want to buy homes, but the real key lies in calculating the risks before taking on heavy debt.
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