Which is a better investment buying house or a car
- Thread starter cherry123
- Start date
It depends on what you want to do if it is a house, it means you are engaging in real estate.
It depends on what you want to do if it is a house, it means you are engaging in real estate. If it's a car , you can engage in Uber.
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It depends on what you want to do if it is a house, it means you are engaging in real estate. If it's a car , you can engage in Uber.
For me, a house is the first priority before a car. The amount one pays for rent keeps on increasing on a daily basis. If you are buying a car, it should be a business car. I must get a house before a car.
It really depends on your intentions when you invest in either a house or a car. With a car, you can do things like delivery driving, food delivery, uber, and even like over here taxi driving which is taking people too and from a destination safely for a fee. With a house you can do things such as rent out rooms or even rent out the whole house if you are able to so both have the benefits to be able to invest after buying them, it just depends on what you as a person want to do.
I would buy a house. In most cases, the value of real estates appreciates over time. I can live in my own house or rent it out to get passive income. For a car, the value depreciates as soon as it is on the road.
If i am given the option to choose between the two, i think my choice would be buying a house. Though cars are seen liabilities but can also be used to generate income as well but i believe a house would be a better investment, that would help me generate more income.
When you buy a car , it will surely deprecate but house can never depreciate.
It is true that you can make money from a car when you involved in uber.
I think the value of a house normally appreciates in value and in the case of cars it depreciates. I therefore think investing in a house is more profitable.
