Why Indian Youths Prefer Rented Accommodation Than Becoming A Homeowner?
Modern Indian youths do not carry the same stereotypes and stigmas that the previous generations were bound by. Traditional yardsticks of success like marriage and kids at a certain age, buying a house, and world-tour after retirement do not apply to this group. It is more focused on making an identity in this competitive world than owning properties. Moreover, rather than preferring a government service, youngsters are opting for a career that holds their passion. And, to achieve a more fulfilling job, they are ready to move anywhere in the world. Thus, instead of buying a house and living in the same city for years, they prefer living in rented accommodation. Here are a few reasons for the same: 1) Flexibility To Switch Accommodation As Per Evolving Needs Whether it’s a bachelor, newly married couple, or new parents, renting is great for everyone. The best thing is that it offers flexibility to change accommodation as per the newly evolved needs. Moreover, by renting, one c...