| Housing may be perceived to have gotten very expensive at the current sky-high levels, but data compiled by mortgage giant HDFC Ltd shows that home prices are near their most affordable level in over three decades.
The home prices have indeed been rising for more than 10 years, except for a temporary slump in 2009, but the 'affordability' of purchasing a house has been mostly on a declining trend for almost two decades now, as per HDFC data...............................................Full Article: Source |