What lessons do the ‘mortgage boycott’ in China hold for India? - Moneycontrol

Indian homebuyers have been patient, but it should not be taken for granted. Homebuyers, on their part, should remember two bit of data. Any house that costs more than five years of your gross income is not affordable. Also, the EMI should not be more than 50…

The mortgage boycott in China, which has snowballed into a major storm with buyers from over 100 cities refusing to repay loans, may not have a parallel in India. However, the patience of Indian hom… [+4968 chars]

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