Hacker News Reader

Agree.

I'm looking for a flat to invest in and I am finding them out of reach, even after taking housing loan and they are running away from me a lot faster than I can catch up, besides, I've already started to pant :( (meaning the salary going to other holes in significant portions)

View on HN

I have myself bought a home in Hyderabad...And I am convinced that that it is useless. Only if you sell the home, you can make it a worth while investment. That too, in the order of 10% which is probably same as mutual funds...Plz do total cost of ownership before buying.

Oh, you are in a trap.

If you have taken a huge loan(>40 lacs) to for your apartment. Especially in India- Hyderabad or Bangalore doesn't matter. You are likely to spend the next 15 years worrying about EMI's.

Living in reality, People dont marry if You dont have a house. For most people it is ok to get a loan and buy a house if they wish to start a family.

I visited China for a week. I felt China's inflation is horrible. Everything costs 1.5 to 3x more when compared to India.

wtf!! Dont attribute it to inflation, it is called "Cost of living index".

>wtf!!

A bit of civility would help.

sorry, i was just overwhelmed at this. I expected a bit more intelligence on HN. I apologize for the language!

Reply on news.ycombinator.com