Completely agree with Ram who has seen rise and bom period! Young IT guys should take this as lesson learned...US and UK companies are not outsourcing because of India great culture but for cost factor ..and the moment they see better cost factor in any other countries (which is happening)..they will start outsourcing to new places...keep in mind we ave very few work which independant....we in fact support other economies in return get paid in dollars which due to its conversion factor get benifited quite marginally......this is not long lasting...
In the mean time...adjust in small rented apts , sae as much as possible (minimise multiplex and mall culture) by the time even builders will realise thier true value...and then you can buy with less loan liability.
