Dear Bob, While I'm sympathetic to your plight of paying your monthly EMI(which was a stretch even by middle class standards) I think its unfair to blame the PM or govt for it. Land value is NOT determined by the govt, but by the demand for plots/houses. If you live in a metropolitan, prices are definitely gonna shoot up as more and more people want to move in. If the demand is high...the price will go higher. Now, coming to your point of affordable "roti, Kapada, Makkan" by the govt, the fact that you own an apt, are having a comp and internet and working full time shows that you are well off that a vast majority of people...so pl. dont whine. When you were a kid, how many 25-40 yr olds owned a house? How much has the average salary of a professional risen up? If you are getting paid more and have better facilites now , why do you cringe about paying more? It is ridiculous to blame the govt just becoz u wanted to buy a house AND NOT RENT ONE (like people used to do before) so that it is a good investment/prestige issue. Given this age of debt and everything on credit, more and more people are taking on loans they can afford to pay(or being stretched thin) all becoz the bank approved their loan. If you could learn from the mortgage crisis in the US, I think it will be good for you to sell your house and move in to an apt and use the remaining money as savings. And dont blame the govt. If you paid the actual cost of petrol you will know how cheap u r payin
