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How to Know if Property Price is Cheap?

First of all one must know that one must have a yardstick to know whether the property price is cheap or affordable. As per available international standards we can say that property is cheap if your EMI is less than 37% of income & we can call it as affordable if it’s under 50%. We have applied Australian standards as only authenticated information from that particular source is only available.

EMI Payment Rule

Michael Jackson houseWhile buying a house, the rule which needs to be applied for home loan EMI should not be greater than 28-30% of net income & total EMIs should not be more than 36%.

Hope you apply these rules and do not let a house become a liability like Michal Jackson who bought a fairy tale house but could not afford to pay its maintenance and other EMIs and died bankrupt. You can check out Warren Buffett House here to understand the difference being rich and intelligent.

However if you are looking to make some additional income through intraday trading, than you can consider going with our Jackpot tip for sure shot profit and this will also help you ease your EMI burden.

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We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
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