House got value thou


But it depends on the car

integrityhomes:
You can only pick one

would you opt for a 3bedroom flat or a brand new ca

Car is a liability. It only because an asset if you are using it to make money. The rate of depreciation of car is 20percent annually.

Meanwhile, the land element of a building appreciate in value. So should you chose to sell the house in the future you won't do same at scrap value but rather at a appreciable price more than was spent to buy the land and build the house.

So to that extent I will for House (A).

Base on personal needs... I will go for house

Nah you really need schooling... A house that is not generating income or rent and it takes money from your pocket to maintain is not an asset but a liability.. A that I lease out to UBER or Bolt that is generating income is an asset.


It all depends on what you do with them

TheGiftedOne:
How on earth does one compare Asset (investment) with liability? . You need schooling in economics

stayclearofme:

What if you don't option to re sell it?

Keep it and make hell of money from it by leasing it out for movies and music videos.

You will buy that house in a year and still have the car

Kayberg:
I'll choose the car.
Sell it, build a house from it and use the remaining to still get a smaller car.
One shot, two kills.

Those choosing A, which of them is A o?

Wait, which Toyota model is that car?

Can you determine when you will be able to get a buyer for the car?

A house

Hashabiah:
Bros , compared to a car, it is still a wiser investment

Before you can decide which is wiser, you would have to look at certain factors.

You can't just look at properties, and decide that buying this one is wiser than that.

Kayberg:
I'll choose the car.
Sell it, build a house from it and use the remaining to still get a smaller car.
One shot, two kills.

Those choosing A, which of them is A o?

Wait, which Toyota model is that car?

Toyota Supra 2019

psychologist:
Car?

Yes
If it’s
Lamborghini urus
Maybach 21
Bentley

Are you going to sell the. car?

Sense will not kill u

Kayberg:
I'll choose the car.
Sell it, build a house from it and use the remaining to still get a smaller car.
One shot, two kills.

Those choosing A, which of them is A o?

Wait, which Toyota model is that car?

integrityhomes:
You can only pick one

would you opt for a 3bedroom flat or a brand new ca

if that's the car I will be getting, I will pick the car, sell it and build a nice 3 bedroom flat, then use the remaining change to buy lexus 350

3 bedroom o, make I dey chop shortlet money...
no serious expense unlike car, fuel, oil brake break pad, power steering oil, 4 tyres, topping ac, driver's license renewal, servicing...
btw a car and a house, I will pick a house twice every day

I we go for three bedroom flat is okay

Na where to rest your head matter pass..car na optional

3 bedroom flat.

BluntTheApostle:


Before you can decide which is wiser, you would have to look at certain factors.

You can't just look at properties, and decide that buying this one is wiser than that.

Bros , ask anybody: a house is still a healthier investment when compared to a car. The life span of a house is 60 years , but a car is less than 10 years . So which is a wiser investment? A house . Period

I dey craze ni when my golf still dey waka, House i pick

Ussycool:
3 Bedroom flat for sure
My family will be proud of for this.

Baba god pick up my call o.
Help with even plot of land this year.
It shall be well Nairalanders.

Baba God no dey sleep bro, I never knew that this year gonna be my best year since my youth age, until notification pop up from my BTC wallet na there fear catch me, day break everywhere clear , Keep the hustle going tomorrow it might be your turn...

Hashabiah:
A. That one will never lose value in 30years .

Lol. Houses lose value like other properties, it's the land upon which it was built that appreciates.

Kingpin1000:
A house is an Asset while a Car is a liability.
No matter the value or cost of the car, if it is not for commercial purpose, then it's a Liability.

A car could be an investment depending on the purpose for which it is put into. And investment is better than asset the last time I checked my record.

A 3 bedroom flat for sure.

authority2006:


Lol. Houses lose value like other properties, it's the land upon which it was built that appreciates.

Oga, the life span of a house is 60 years , while a car's is less than 10 years. Secondly , a car's value depreciates on a yearly basis which is why you can't see it as a form of investment anywhere in the world . But houses still maintain their values, which is why real-estate is a huge industry that generates billions each year

integrityhomes:
You can only pick one

would you opt for a 3bedroom flat or a brand new ca

3 Bedroom flat for sure

deepwater:
3 bedroom flat
OP at your age you still do not understand the difference between LIABILITY and ASSET?

A perfect car for uber is not a liability but investment. Far better than asset

integrityhomes:
You can only pick one
would you opt for a 3bedroom flat or a brand new ca

wait what type of car is it same car in the pics or any car,
if it's same cat, I choose the. car,
if it's not, I choose the house

Hashabiah:
Oga, the life span of a house is 60 years , while a car's is less than 10 years. Secondly , a car's value depreciates on a yearly basis which is why you can't see it as a form of investment anywhere in the world . But houses still maintain their values, which is why real-estate is a huge industry that generates billions each year

Houses depreciate too, don't argue. Land upon which it is erected is the real deal. A car that's good for commercial purpose for me any day, any time.

thebosstrevor1:
Depends on what type of car.

If it is a Ferrari or a Lamborghini, i will choose it over that house in that picture

The resell value of the car is more that house.

That my decisions too, it's a wise one...

[s]

authority2006:


Houses depreciate too, don't argue. Land upon which it is erected is the real deal. A car that's good for commercial purpose for me any day, any time.

[/s]Oga, no one is mentioning land here . And besides, nowhere in the world is a car taken as an investment. Study economics and stop arguing blindly

A.
Brand new 3 bedroom flat In a safe location ib Lagos.

Anyone without a residence is a homeless person.

3 bedroom flat. Rent or sell it immediately.

Brand new car,3 bedroom flat na rent. Who go pay am