EMIs, Pressure & Property Dreams — Welcome to Your 30s

Image Source : Reddit

A Reddit post by 32-year-old investor Rohit S has ignited a fiery discussion across financial circles and social media on whether buying property in one’s early 30s is a savvy move or a premature trap.

The Dilemma

- Rohit has ₹34 lakh in savings and ₹5 lakh in PPF, with his father urging him to invest in a ₹60–70 lakh property near Bengaluru or Mysuru.

- The catch: the property isn’t intended for rental income, and the father plans to take a home loan in Rohit’s name using his funds.

- Rohit fears locking into a long-term asset
without clear utility, especially as career mobility remains a priority.

Expert Takeaways

- Financial advisors caution against early homeownership unless the buyer can fund at least 50 percent from savings.

- Real estate returns, after factoring EMIs, taxes, and maintenance, may hover around 6 percent—comparable to mutual funds but with lower liquidity.

- Suresh Sadagopan warns that committing to a distant property without living in it or renting it out could become a financial burden.

Community Pulse

- Redditors were split: some hailed real estate as a long-term wealth builder, others flagged the emotional and financial strain of early ownership.

- Many emphasized the importance of aligning property decisions with life stage, career flexibility, and actual usage.

Bottom Line Buying property in your early 30s isn’t a one-size-fits-all move—it’s a lifestyle and financial choice that demands clarity, not just capital.

Sources: Hindustan Times, MSN, Housing.com, Reddit, Geojit Financial Services Blog.