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Why Indian Youth is NOT Buying Houses?

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Download smallcase: https://link.smallcase.com/iqi8fHqDDhb #IndianYouth #Housing #mohakmangal ****** Liked the background music? I use Epidemic Sound. You can get a 30-day free trial using this referral: https://www.epidemicsound.com/referral/lk6mmz/ ****** Research: Prachi Yadav Editing and thumbnail: Harshit Singh āž”ļø https://www.youtube.com/channel/UC-y5zjOhdblFz7Ezwqrwi2w ****** Markers 0:00 Introduction 1:32 Reason 1: Flexibility 2:57 Reason 2: Investment in other asset classes 6:01 Reason 3: High property prices 7:21 Why aren’t property prices falling 10:16 Change due to COVID ****** Support on Patreon: https://patreon.com/sochyoutube Contact: Facebook: https://www.facebook.com/sochyoutube/ Instagram: https://www.instagram.com/mohak.mangal/ Twitter: https://twitter.com/mohakmangal ****** Creative commons: Pixabay Unsplash Flaticon Freepik Videvo ****** Sources: 0. Introduction https://www.livemint.com/Money/Y4F0nBaOnZbcPqiqFuO1sI/Why-millennials-dont-like-real-estate.html https://www.livemint.com/money/personal-finance/if-not-millennials-who-is-buying-property-in-india-1569485585885.html https://www.theweek.in/news/biz-tech/2019/09/27/Why-millennial-Indians-dont-prefer-to-buy-homes-anymore.html https://www.thehindu.com/life-and-style/homes-and-gardens/young-and-not-keen-on-owning-a-house/article27937274.ece https://www.moneycontrol.com/news/business/personal-finance/why-are-indian-millennials-not-buying-real-estate-4750951.html https://www.cnbctv18.com/real-estate/generation-rent-why-the-millennials-are-not-keen-on-buying-a-house-3667731.htm https://www.businesstoday.in/opinion/columns/story/why-millennials-prefer-renting-over-buying-a-house-149829-2018-10-30 1. Reason 1: Flexibility https://data.worldbank.org/indicator/SP.URB.TOTL.IN.ZS?locations=IN https://www.orfonline.org/wp-content/uploads/2020/12/ORF_OccasionalPaper_287_HousingForAll.pdf https://www.businesstoday.in/opinion/columns/story/why-millennials-prefer-renting-over-buying-a-house-149829-2018-10-30 https://www.cnbctv18.com/real-estate/generation-rent-why-the-millennials-are-not-keen-on-buying-a-house-3667731.htm https://ficci.in/events/24295/ISP/Co-living_Reshaping-Rental-Housing-India.pdf 2. Reason 2: Investment in other asset classes https://www.livemint.com/money/personal-finance/if-not-millennials-who-is-buying-property-in-india-1569485585885.html https://www.businesstoday.in/markets/market-perspective/story/a-million-demat-accounts-opened-for-fifth-straight-month-280725-2020-12-07 https://www.cnbc.com/2020/10/02/indias-millennials-are-driving-a-surge-in-stock-trading-during-covid.html 3. Reason 3: High property prices https://www.financialexpress.com/money/75-millennials-want-to-buy-a-home-in-another-3-years-study/1869094/ https://www.ft.com/content/ae7ec8ee-8d6c-11e3-9dbb-00144feab7de https://www.newslaundry.com/sena/indias-real-estate/ https://www.cnbctv18.com/real-estate/generation-rent-why-the-millennials-are-not-keen-on-buying-a-house-3667731.htm 4. Why aren’t property prices falling https://www.hks.harvard.edu/sites/default/files/centers/cid/files/publications/faculty-working-papers/2019-12-cid-wp-369-indian-growth-diagnosis-remedies-final.pdf https://www.newslaundry.com/sena/indias-real-estate/ https://indianexpress.com/article/cities/delhi/delhi-to-boost-real-estate-circle-rates-cut-20-7176589/ https://www.rbi.org.in/Scripts/PublicationsView.aspx?id=19240#CH31 5. Change due to COVID https://www.livemint.com/money/personal-finance/is-this-the-best-time-to-buy-a-house-in-india-this-survey-says-so-11608900818321.html https://www.thehindubusinessline.com/news/real-estate/millennial-prefer-home-ownership-over-renting-survey/article33861200.ece

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