Tech sector job cuts lead software workers to postpone buying homes
Software engineers are putting off buying houses as job instability grows due to tech layoffs and AI-driven organizational changes. This trend is particularly noticeable in major IT hubs like Bengaluru, Hyderabad, and Pune, where tech employees make up a significant portion of the real estate market. Many mid-income buyers are hesitant to take on long-term mortgages because they are worried about future salary increases.
by shortkt.com✓