Finfluencer Warns of Corrupt Metro Real Estate in India

A financial influencer says that buying a home in big Indian cities like Mumbai can be a bad idea.

He claims the market is rigged because a few rich families control a lot of the property and use black money, keeping prices high.

This makes it hard for regular people to afford a home, even though they want to.

The influencer suggests that people should not buy property in these cities as an investment.

Instead, look at how much rent you could get (rental yields) and consider a home as a place to live, not a way to make money, and maybe consider living outside the city.