Which one?

Would you pay RM2500 as your monthly installment for your car or the same said amount for your housing loan?

Both are assets. A car is an asset. To be frank...it's a depreciative asset. The value of the car will go down as time goes by. With it, comes the yearly insurance cost, the 3 monthly maintenance costs, etc..etc...errrr....so is a car an asset or a liability?

What about the house? Obviously it's an asset. The value will (depending on the location, demand, etc, etc) appreciate over time. Obviously, the cost of maintaining the house can also be high at times. For a monthly payment of RM2500, I would assume that the property current worth of about RM400,000. Betul ka?

So, which one would you choose? The car or the house?