Ever since we were convinced about the usefulness of property as an investment, we have devoted countless hours debating which makes for a better investment: houses or apartments? Decades ago, when we were stuck with our “McMansion in the suburbia” dream, a majority of us would have voted for houses. But now that close-to-CBD life is gaining prominence and we have cleanly departed from the ‘McMansion’ era, the debate has begun to be fought more aggressively. Clearly, the battle lines have been drawn and no side is ready to believe that the other side has enough points to convince them.
Over the ambit of this article, let us get introduced to both these investment types, read about their pros and cons, take a look at questions you must ask yourself before deciding on an apartment or a house and lastly–but by no means the least–let us take up a really innovative stance (perhaps the best kept secret of real estate) and figure out which is a better deal between the two.