Rs 1.5 crore home purchase, Rs 25 lakh income: Smart move or costly mistake? Man shares why it backfired in just one year. 3 lessons to learn

A Reddit user's post about regretting the purchase of a ₹1.5 crore apartment has sparked a wider discussion on home affordability and financial planning. After his income dropped, the homeowner said his take-home pay now barely covers his EMI and fixed expenses, while unexpected repair costs have added to the burden. The discussion highlights three key lessons for prospective homebuyers, including planning for income uncertainty, accounting for hidden housing costs, and avoiding overstretching finances.

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