• ohlaph@lemmy.world
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      1 year ago

      It’s probably not. But does India have land? (I honestly don’t know, so I’m asking).

      • Schooner@lemmy.ml
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        1 year ago

        India has a lot of land. Drawing a comparison between housing cost in urban India and this Portuguese farm. Honestly, it would be better if I could move to Portugal and live like this.

        3 BHK flats are easily going for $110k+ in major cities. My parents bought our flat for ₹10 lakhs in 2003. Right now, it’s valued at around ₹63 lakhs and only going up every year. That’s fucking insane to me, more than 600% in two decades. And we live in one of the cheaper cities.

        Unless you’re like the top 5% of the country, major cities are just unaffordable right now. Even with the relatively privileged job I will get upon graduation, I don’t see myself affording a place of my own without my parents pitching in with their savings.

        Lakh = 100k

        $1 = ₹82