In a recent podcast, Shantanu Deshpande, founder of Bombay Shaving Company, revealed his unconventional approach to housing.
Despite paying a hefty rent of over Rs 1.5 lakh in a prime location, Deshpande opts not to own a house. He rationalizes this decision by prioritizing investments in the public market for better liquidity.
Deshpande argues that the cost of owning versus renting doesn't align, especially in areas like Gurgaon where property prices are high. He emphasizes the flexibility and freedom that renting offers, contrasting it with the rigidity of homeownership. For him, it's not just a financial choice, but also a lifestyle preference.