I've always said: "Don't buy a house!"

For years, I've been the guy telling people to invest in equity, not lock up capital in illiquid real estate.

Ashwinder R. Singh has seen 30 years of real estate cycles. And his perspective hit me hard.

He said something that completely reframed how I think about asset classes: "Calculate the returns on the property your grandfather bought 50 years ago. That's real estate's true horizon"

Everyone compares real estate to equity markets on a 5-year basis. That's the wrong game.

Real estate is about discipline, not timing.

Just like SIPs work because they force discipline, real estate works because you can't check prices every day and panic sell.

He also shared why the 2021-2025 boom happened: Startup IPOs created millionaires who parked money in real estate (only way to save ESOP tax)

Equity market profits got rebalanced into hard assets Tier-2 cities like Goa, Chandigarh, Indore exploded

His advice for real estate investment:

– Minimum 10-year horizon if it's not your first home
– Expect 5% CAGR on average, with 2 major spikes giving you 25-50% returns
– Focus on behavior trends, not price predictions
– When markets go crazy (like the last 4 years), prepare for normalization

Watch the full episode : Link in comments

What's your biggest hesitation about investing in real estate?