Housing becomes less affordable, reveals RBI study

​​The study measures affordability by comparing the price to monthly income of average home loan borrowers. According to the report, the house price to income ratio increased from 56.1 in March 2015 to 61.5 in March 2019 for all cities. Another measure used is the loan to income ratio, which has increased from 3 in March 2015 to 3.4 in March 2019.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2XTzv5q