India, April 7 -- As housing prices in major Indian cities continue to soar, many middle-class families find it increasingly difficult to enter the real estate market. Recent discussions on Reddit highlight how the growing cost of homes and slow income growth push homeownership out of reach for many. Users share insights on the impact of rising prices, with some suggesting that it may be better to pay rent for now and wait for prices to correct before taking the leap into homeownership.

According to recent estimates shared on Reddit, the average cost of a home in major metros like Mumbai, Delhi, Bengaluru, and Hyderabad now ranges between Rs.1.2 crore and Rs.1.5 crore. Meanwhile, the median annual income for an urban household is around ...