According to a Moneycontrol report citing industry experts, young Indians are opting to rent homes instead of buying them. This shift is largely driven by high home loan EMIs, which are leading many to put their savings into equities and mutual funds instead. Data from No Broker reveals that 53% of tenants between the ages of 25 and 34 prefer to keep renting. Additionally, renting offers them the freedom to move locations easily and enjoy a better lifestyle without the weight of a property purchase.

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