I never understood this concept of 0-3% rates. In india the
lowest rate we ever had was 9%. Currently home loans are around
12-13% and people think its completely normal. Economy in India is
booming like no tomorrow. Inflation is also pretty much the same
over the years. They have welfare schemes too but not to the level
of madness we have in US
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I never understood this concept
Thursday Newsletter
Posted by arun on 6th of Oct 2023 at 10:16 am
I never understood this concept of 0-3% rates. In india the lowest rate we ever had was 9%. Currently home loans are around 12-13% and people think its completely normal. Economy in India is booming like no tomorrow. Inflation is also pretty much the same over the years. They have welfare schemes too but not to the level of madness we have in US