Indians are buying homes with money they haven't earned yet
Last Update Date: 05-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar said buyers often confuse loan eligibility with true affordability and overlook upkeep, taxes and rate rises. He suggested keeping the EMI to 30 to 35 per cent of take-home pay and cautioned against loans running into retirement.
More of Abhishek's views on money management
The article examines how Indian homebuyers now start with the largest loan a bank will offer rather than what they can afford. With prices rising faster than incomes, 25 to 30-year tenures and dual-income loans are common. It looks at how high EMIs crowd out saving and how loans can run into retirement.
Publisher source
Indians are buying homes with money they haven't earned yet