🏠 Can India’s Middle Class Still Afford a Home? (Short answer: It’s becoming nearly impossible) According to the latest data, even the top 5% of earners in cities like Mumbai would need 109 years to afford a house. In Gurugram, it’s 64 years. Yes, you read that right. Meanwhile, average salaries grew only 30% in the last decade Property prices? Up by 80% The math just doesn’t add up anymore Mumbai’s EMI-to-income ratio is now 48% The national average is 61% That means more than half your salary
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