Are we officially the 'Rent Forever' generation?

I am leaving my job and moving to a less hyped country for research. I hope to make my way from there. The opportunity cost is real but I don't see my future here. Its like I am giving up earning money bcs I am not able to buy the basics with this money. I am earning 1.5L + after taxes.

Don't know about other places but somehow people in blr earn so much that they just agree to jacked up prices and buy. What I feel is mostly they are well off (great earnings) + foolish enough to be taken on a ride by these brokers and builders and we get crazy prices for a far off place somewhere in Whitefield at 2 cr!

Bro please think and try to follow me

My experience is 10 years. I started my career with 5k per month. Later I keep on climbing up and now my CTC 17 lpa.

With my savings i purchased a 2160 sqft land in suburb of Kolkata and started building 6 2bhk flats. I will give 5 flats in rent and expected minimum 25k will come. If I lost job it won't bother me.

Remember if you are buying big house in 1 lakh per month EMI there is high chance that you may loose everything in this AI era

I think better to go for affordable house below 1 cr in outer or according to budget, still option are there.

This is the unfortunately the direction most metropolitan cities are going.

For example in New York, san Francisco, tokyo, mumbai, already owning houses is only for the rich or those who have held property for decades. Bengaluru is not far behind.

Now the options we have are to buy in cheaper areas or rent forever.
Yeah it's not fair or as easy as previous generations but all we can do is accept it and move on, else we'll just be depressed forever.

Earn as fast possible and move out of city life go to your village or home town where you can live cheaply. Grow vegetables and live happily. Traditional terra kotta tails house can be done below 10 lakhs.

We are at a crossroads. Heavy borrowing is built into the system. Government debt to GDP is expected to ease only slightly to 55.6 percent in FY27. Household debt has climbed to 41.3 percent of GDP by March 2025, above its five-year average.

The RBI is holding the repo rate steady at 5.25 percent as of April 2026, with inflation projected around 4.6 percent for FY27. This keeps credit flowing and supports growth without sudden shocks.

There is a Chinese parallel which is important for India because it shows what can happen in a fast-growing economy that relies heavily on borrowing.
In the 1990s China faced overheating, inflation spikes that hit nearly 24 percent in 1994, and very high non-performing loans in banks, often estimated at 20 to 40 percent or more. Instead of sharp rate hikes or quick clean-ups that could crash growth, authorities kept rates controlled. They used state support to quietly absorb the bad debts. This bought time for high growth to continue while the system digested the problems. It prevented immediate crisis but created long-term inefficiencies.

In our case in India, a similar setup quietly puts extra pressure on the salaried IT and services class. They are highly visible and easy to tax through income tax and GST on spending. Services exports reached 354 billion dollars in April to January of FY26 and remain a major driver, while manufacturing has not scaled up enough to share the load.

At the same time, any broader taxation on agriculture stays politically hard. Pure farm income is still fully exempt from central income tax. Rural voters form the majority and show strong turnout, so they hold real influence over elections and policy. The urban IT crowd carries economic weight but does not match that voting power. It is therefore simpler and safer to keep drawing more from the formal salaried segment.

This is exactly why Indians are becoming a rent-forever generation. High borrowing and steady rates support consumption but push up property prices faster than salaries in big cities. The IT class pays most of the taxes and faces high rents or EMIs that eat 40-50 percent of take-home pay. Buying a home feels risky with job mobility needs and uncertain future.

Manufacturing and other stable jobs have not grown fast enough to lift real incomes broadly. So urban youth end up renting long-term, with less chance to build wealth through assets. It gives flexibility but means slower wealth creation.

(Edited using AI)

I feel the same.. highly resonating with the full post
How about this idea
Rent forever and relocate every year

If you can afford to leave India please leave, else look for properties in tier 3 cities. There are no alternatives. There was a Times of India Article where it was mentioned how many years it's gonna take to afford a house in the metro cities. And for tier 1 cities it is not within our lifetime

Fortunately I have been blessed with house in maharashtra and karnataka, recently shifted to bangalore so sold 2 houses from mh and bought 1 here so have 2 in good locality where my office is just 1.5 km
Before we rented out this space for 8 years for just 20k didn't increase it ever so there might be good landlords or properties you just have to search i guess
Rented or owned just maje the calculations properly so that you will be able to make good purchase my tip is save money first and do down-payment than taking everything on loan and risking the assets as you miss 3 months and then its a problem
Most important stay happy wherever you are 😊