Many middle-class Indians today are finding it harder than ever to buy homes, not because they earn too little, but because asset prices have far outpaced salary growth over the past few decades.
For millions of India’s middle-class families, the dream of owning a home has become painfully elusive. Rising property prices, stagnant salaries, and ballooning housing loans are forcing many to ...
In 1980, neither China nor India had much representation in the “global middle class” — people who neither belong to the bottom half of the income distribution nor rank among the top 10% worldwide.
For India's middle class, owning a home is not just a financial goal. It is security. It is respect. It is stability for the family. Many parents believe a rented house means uncertainty, while a home ...