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No, we don't wanna buy a home: This is the new Indian mantra
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  • No, we don't wanna buy a home: This is the new Indian mantra

No, we don't wanna buy a home: This is the new Indian mantra

FP Staff • February 26, 2014, 13:04:15 IST
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[caption id=“attachment_77670” align=“alignleft” width=“860”] ![New Credit Suisse survey reveals India is the least interest in real estate investment among the BRICS. Thinkstock Images](https://images.firstpost.com/wp-content/uploads/2014/02/prop.jpg) New Credit Suisse survey reveals India is the least interested in real estate investment among the BRICS. Thinkstock Images[/caption] [caption id=“attachment_77660” align=“alignleft” width=“860”] ![A Credit Suisse Emerging Market Survey 2014 reveals that India has the least interest in buying real estate in the next two years. In India less than 20% of respondents at any income level said yes.

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No, we don't wanna buy a home: This is the new Indian mantra

[caption id=“attachment_77670” align=“alignleft” width=“860”] ![New Credit Suisse survey reveals India is the least interest in real estate investment among the BRICS. Thinkstock Images](https://images.firstpost.com/wp-content/uploads/2014/02/prop.jpg) New Credit Suisse survey reveals India is the least interested in real estate investment among the BRICS. Thinkstock Images[/caption]

[caption id=“attachment_77660” align=“alignleft” width=“860”] ![A Credit Suisse Emerging Market Survey 2014 reveals that India has the least interest in buying real estate in the next two years. In India less than 20% of respondents at any income level said yes. In fact those earning more than Rs 50,000 a month were less keen in buying property than those earning between Rs 10,000 and Rs 50,000 a month!](https://images.firstpost.com/wp-content/uploads/2014/02/india1.jpg) India survey: In India less than 20% of respondents at any income level said yes to a property purchase decision. In fact those earning more than Rs 50,000 a month were less keen in buying property than those earning between Rs 10,000 and Rs 50,000 a month![/caption]

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[caption id=“attachment_77662” align=“alignleft” width=“860”] ![People in Brazil have a great interest in buying real estate in the near future. Even those earning less than R$489 a month are fairly interested in purchasing property while a whopping 40 percent in the top income bracket ( earning more than R$11,411) are interested in real estate investment.](https://images.firstpost.com/wp-content/uploads/2014/02/brazil2.jpg) Brazil Survey: People in Brazil have a great interest in buying real estate in the near future. Even those earning less than R$489 a month are fairly interested in purchasing property while a whopping 40 percent in the top income bracket (earning more than R$11,411) are interested in real estate investment.[/caption]

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[caption id=“attachment_77663” align=“alignleft” width=“860”] ![China too shows a similar trend to Brazil.](https://images.firstpost.com/wp-content/uploads/2014/02/china.jpg) China: India’s northern neighbour too shows a similar trend to Brazil.[/caption]

[caption id=“attachment_77665” align=“alignleft” width=“860”] ![Ecen the Russians seems to be showing more enthusiasm than Indians, especially the top earners. ](https://images.firstpost.com/wp-content/uploads/2014/02/russia.jpg) Russia Survey: Even the Russians seems to be showing more enthusiasm than Indians, especially the top earners.[/caption]

[caption id=“attachment_77666” align=“alignleft” width=“860”] ![While South Africa beat both India and Russia.](https://images.firstpost.com/wp-content/uploads/2014/02/8601.jpg) South Africa: In terms of realty buying intentions, South Africans are more gung-ho than India and Russia.[/caption]

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