Everyone needs a home. In ancient times, people built houses to live and last a lifetime. Then modernity happened and the house turned from primarily a place to live to an investment vehicle and a speculative instrument, turning home-buying turned into a high-stakes gamble. In big cities, space crunch dictated that homes be concrete boxes…
As I said in the previous part, I don’t have money to buy an apartment. But even if I did would I have bought one? I doubt it. I don’t think I would ever buy an apartment in India because I get claustrophobic in apartment buildings among other things. These other things are taken from…
Notwithstanding all the arguments put forward in the previous part, the single biggest reason why I am not buying an apartment in Bangalore (or anywhere else) is because I don’t have the money to pay for it. “But who has that kind of money? You can take a home loan no?” they will say. No….