Lead Story

All style no substance

Surging prices, rising inventory and falling sales do not bode well for the real estate market.

Tushar Mane

If you were a first-time home buyer in a metro, what adjective would best describe your emotional state: excited, frustrated, exasperated or even certifiable? I can understand if you ticked the last box. Having covered real estate for a good part of my journalistic career, the boom-bust-boom cycle is now increasingly looking apocryphal. Prices have bent the affordability curve beyond recognition.