Planning to buy an apartment in Mumbai in 6-8 years. Yes I’m Indian. Wondering how I should plan finances. Currently living in San Jose. Yoe 4yrs. Combined family TC 220K
Recession happens every 8-10 years, we are due.
You won't be able to afford it in 6-8 years unless you put your entire nest egg into it lol. Also remember that mortgage rates in India are ridiculous, almost double digit, so it's full cash or bust.
I'm not sure if you are asking about housing or stock markets, but if it's housing and if the 18 year cycle holds then we've got 6-8 years to go. https://www.progress.org/articles/riding-the-upswing-of-the-real-estate-cycle-2012-2022
We need blind’s astrologer’s to predict it.
Lol.. Intel pays 220k for 4yoe ?. Good one bro
Combined family. Assume spouse that works. Then it makes sense.
About how much would such an apartment cost right now?
lol lemme get out my magic crystal ball 🔮
We’ll likely have a small recession before 2020, but the next BIG recession will happen around 2025. Here’s why: Part of the reason why the economy is doing to hot right now is because the boomers are retiring, and therefore are starting to burn their life savings, injecting tons of new liquidity into the economy. 1955 (middle of the baby boom) plus seventy years equals...
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Months not years
What gives? We’ve just paid of student loans and were not actively investing up-till now. Some articles please?
Yeah game over. Hold on to the jobs you have. Mass layoffs coming