Why buying a second house can put your other life goals to risk



Why buying a second house can put your other life goals to risk


© Faizan Javed
Why buying a second house can put your other life goals to risk

Prathiba Girish

Have you ever wondered while planning for your future as to why certain assets evoke so much loyalty and attachment? Come to think of it, you may have invested in them dispassionately in pursuit of good returns, but somewhere along the way they may have acquired a persona of their own.

Assets with emotional connect

Real estate and gold are two such assets that have a huge emotional connect. Gold is understandable as, in our culture, if you are sell physical gold, people assume that you face really hard times. Other forms of gold such as Gold ETFs, luckily, are easier to deal with.

But what about real estate? Let me recount a couple of interactions we had in the past few months. One of them was with a woman in her

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