India, April 1 -- A Bengaluru techie's Reddit post has sparked a debate on housing affordability after he said being laid off caused 'no immediate stress,' largely because he chose to stay on rent near work instead of buying a home on EMI.
The tech professional, who said he had been recently laid off from a large technology firm, shared that he had deliberately chosen to rent rather than purchase a Rs.2 crore home, despite having the financial capacity.
"Last year, I was on the lookout for a 3BHK in Bangalore. My net worth (including stocks) was enough to comfortably buy a 2 crore house. But since I was directly working on a team working on AI migration, I had a fair idea of what was coming in the next 2-3 years. I decided to stay on re...
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