‘I bought 2 houses at 24’: Indian founder says her kids may struggle to own a home |
The idea of buying a house early in life is becoming a major topic of financial conversation, especially as people compare property costs to their earnings. A LinkedIn post by Indian entrepreneur Riya Upreti has added a personal angle to that discussion. She shared how her own experience with property has made her think about what home ownership could look like for the next generation.Upreti, founder of Fobet Media, also used the post to share her views on careers, wealth, and the need to build opportunities beyond a primary profession.
‘I bought 2 houses at 24’
Upreti said she had bought two houses by the time she turned 24.“I bought 2 houses at 24, but my kids might never buy one,” she wrote on LinkedIn.She connected this concern to the difference between property prices and income growth.“In India, home prices have been rising faster than inflation, while salaries haven’t kept pace in many sectors,” she wrote.She added, “It made me realize how the economy keeps getting difficult.”
Why she says a salary may not be enough
Upreti’s post questioned whether following a conventional career path can provide enough wealth to deal with rising costs.She argued that people are increasingly creating additional avenues alongside their main professions. In her view, these can include businesses, equity, intellectual property, assets, and personal brands.The founder said this approach is about building ownership instead of depending entirely on employment income.
Indian founder says her kids may struggle to own a home
Her approach to business
Upreti also shared why she does not believe in sticking to a single business model.“I’ve never settled on one business model, & that’s the secret everyone asks for. That’s exactly why almost every successful person I meet is building something outside their primary profession,” she claimed.She said she knows doctors, founders, and content creators who continue to push themselves beyond their main areas of work.
‘Bare-minimum efforts’ can limit results
Upreti also made a point about how people approach their careers.“Because bare-minimum efforts in your career will only give you bare-minimum results.”Her message was that people who want to achieve more financially should be willing to put in effort to pursue opportunities beyond their regular roles.
What she says can help beat inflation
Upreti ended her post by returning to the importance of ownership.“And the only way to beat inflation is by owning equity, businesses, intellectual property, assets, or a solid personal brand,” she concluded.Disclaimer: This article is based on information shared by Riya Upreti in her LinkedIn post. The views and claims expressed are her own. The Times of India does not independently verify or endorse these claims.Thumb image: LinkedIn
