Keeping a property is not always an asset. For instance, if your constructed property is lying vacant, with no chances of appreciation, and its upkeep is proving to be bothersome (maintenance, repairs, taxes…), then why not rent it out? This way, it becomes an ‘earning’ asset.
If there’s no way you can rent out your property, you might as well sell it. And invest that amount elsewhere, where it’ll fetch you better returns.And if you’re going to be around for long, or need a place of your own, instead of spending money on rent, why not buy your own home, on Equal Monthly Instalments.
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