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by reacharavindh
3568 days ago
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I second the opinions posted above. Just a few days ago, we were comparing the costs of housing at a decent place (in the city/closer suburbs) are 3 to 4 years of my gross annual pay. If I dreamed of similar housing in India (Chennai, where I'm from), it would cost me ~30 years of my market annual salary for a similar job there. I don't want to work my life off to get a house to retire in. |
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The issue is most of us want housing in luxury apartments with amenities with no match, and with transit infrastructure closer to office. This was and always will remain very expensive in any economy on earth let alone Chennai.
It will take more or less the same in any major city in the US. Most Indians think if they land in the US, all problems will vanish in thin air, milk and honey will flow from now. While what really happens is all your problems remain as is, except that you get a little better roads.
Please take a good look on all housing related threads on this forum, young people in western economies have it way difficult than any of us.