Home loan trap: Is it ruling your life?
Synopsis Many Indians stretch finances for dream homes, but hefty home loans lead to years of uncomfortable choices. Borrowers face lifestyle compression, career stagnation, and
Synopsis Many Indians stretch finances for dream homes, but hefty home loans lead to years of uncomfortable choices. Borrowers face lifestyle compression, career stagnation, and deferred savings, impacting family life and personal well-being. Experts urge homebuyers to prioritize true affordability over aspirations, stressing that a loan should enhance life, not dictate it, by considering future uncertainties and maintaining financial flexibility.
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