Owning a home in major cities like Mumbai and Bengaluru is becoming increasingly difficult for middle class families. Soaring property prices have made homeownership almost unattainable for the average household. Experts now warn that taking a large home loan could leave families in severe financial stress. Economist Sujay U has shared an in-depth analysis along with advice for those considering buying property in these high cost cities.
Sujay U recently shared on LinkedIn that purchasing a home in urban centers is no longer a guaranteed path to wealth. Instead, it can create serious financial strain. He emphasized that for most urban Indians today, renting is often more practical and financially beneficial than buying a property. This challenges the long held belief that owning property

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