Zerodha co-founder Nikhil Kamath changes stance on homeownership, advocating for purchasing over renting.

Nikhil Kamath, co-founder of Indian brokerage firm Zerodha, has shifted from advocating for renting to purchasing his first home. Previously critical of homeownership, he cited a lack of foresight in renting, as it restricts flexibility. While acknowledging the advantages of owning property, such as financial stability, he still expressed concerns about real estate's illiquid nature. Kamath's change may impact his followers who seek financial guidance.

October 19, 2024
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