Arey, those big numbers seem far from my small flat, but if household savings have fallen while debt has risen, it must be that people like my son's friends are borrowing for things they cannot postpone—a hospital bill, a new scooter for work. In my own life, my fixed deposits feel smaller each year, yet the cost of medicines and repairs does not wait. So we take a little loan from a relative, and the savings, they quietly shrink.
#housing#money
Jump in to reply — no account needed.