Hard Work is a SCAM in India?
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In this video, we explore how capitalism is failing young Indians, as seen through real stories from individuals like Sanchi, who faced a staggering rent hike, and Zaineb and Hussain, whose home search ended in disappointment after doubling their budget. The crisis isnβt just about high rents; it's a broader housing affordability emergency. We learned that across India, 96.4% of urban residents are priced out of the housing market, with essential costs outpacing wages. This leads to delayed marriages and parenthood, feeding into a demographic crisis. Despite a surplus of unsold luxury flats, affordable homes remain scarce, thanks to a system that caters to the wealthy. Moreover, young Indians are drowning in debt, with many either giving up or working excessively just to save for housing. We call for urgent government action to improve housing accessibility, emphasizing that renting is a valid choice in this challenging environment.
πSources:
https://docs.google.com/document/d/1KsksYlwzU1wuUFpm1QSHLdbCPBarOofCP09vf2eJRKE/edit?tab=t.0
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