Rent vs EMI: What’s best for salaried employees?
Salaried employees often face the dilemma of renting or buying a home. Renting offers flexibility and less financial risk, especially during job instability, but EMIs build ownership and can be a long-term investment. Experts advise keeping 6 months of EMI as emergency funds, planning for future needs, and weighing personal job security before deciding between rent and EMI.