Desi Young Couples buying homes beyond the Means

[Aquaman]

7 minutes ago, Sonu_Patel said:

lots of incentives istunnaru ba if you are willing to get loan. They are financing with just giving benefit with rates for first year.. 

2 nd year nundi variable rates vestunnaru... which is taking monthly payment to the roof.

@Sonu_Patel then why are you waiting.. inka prices padthaya?

[Tellugodu]

15 minutes ago, Sonu_Patel said:

prosper chuttu pakkala manchi day care prices ranging from 1200 - 1500 per month, Kids formula, diapers, pediatrician, clothes, toys etc etc..  expenses all gets added up..

70% mortgage payment potundi ani anadu.. migatha expenses anni 30% balance tho manage chestunnadu antunna.

Desi kids get sent to day care? Elders ni pilipistharu kada from India to take care of them.

[Aquaman]

3 minutes ago, Tellugodu said:

Desi kids get sent to day care? Elders ni pilipistharu kada from India to take care of them.

pellams opukuntaleru anta elders ni....

[Sonu_Patel]

6 minutes ago, Tellugodu said:

Desi kids get sent to day care? Elders ni pilipistharu kada from India to take care of them.

some cheapo Desis don't send kids to day care and try to onboard parents or some cases send kids to India to save the day care/other expenses.

Its not good for kids mental health.. Kids end up having psychological anxiety and fall behind competing with other kids at school and have seen issues with kids socializing with other kids...

 

 

 

[pinnigaaru]

2 hours ago, venkappa said:

Owning property is very important for manavallu. Even if they are cash poor and struggle to find funds. Land is sign of prestige. Real estate scams flourish from this obsession. 

Can you elaborate bro? 

[Paamu]

1 hour ago, Aquaman said:

@Sonu_Patel then why are you waiting.. inka prices padthaya?

December Io annadu. But most likely postponed 

[ANNA_PLEASE_PETTU]

6 hours ago, Sonu_Patel said:

New Age Desi Couples buying 3300+ sft homes and 5 bedrooms are stretching their home purchase budget beyond 750k+ or beyond to keep up with their peers. 

This is causing lots of regrets in Young couples after home purchase to plan for kids education, day care, Investment and vacation planning. 

Basically people are ending up paying more than 60-70% towards the mortgage payment leading to No Savings. 

 

 

Honeymoon endukana 

nibbis ki illu entha pedga show off vunte antha satisfication bed lo no

[pakeer_saab]

5 hours ago, Sonu_Patel said:

One of my friend bought a 780K home last year.. both of them were working when they signed home..

now his wife project got ended and also planning for kids.

he is saying 70% of his paycheck is going towards the EMI (Monthly mortgage payment). 

India lo edaina sell chesi pay chestaru baa.. this is how they planned to begin with