New Delhi, Oct. 9 -- A Bengaluru man earning Rs.3.7 lakh monthly, contemplating home ownership, sought advice from online community over the decision to continue staying in a rented accommodation or build long-term wealth by investing in a house. Although the 34-year-old Bengaluru man wanted to consider home ownership over the other alternative but found prices daunting in the Tier 1 city.

The caption to the post states, "Can I afford a 2Cr flat right now in Bangalore?"

According to the Bengaluru man, he holds Rs.50 lakh in savings in addition to a plot in hometown worth Rs.90 lakh. He had been living in the apartment with his wife that he rented for Rs.30,000.

With no other loans in his financial history, he wrote, "Ive been itching t...