Tier 2 and Tier 3 is where crapshoot is happening. Literally brainrot content being consumed
Yeah true, pure chapri content being consumed
Oh so elite tier 1 mate! What's up with all this superiority complex?
Your perspective. I think it is making people dumb. Do you know how much of this quantity is sold on emi basis. See the current saving rate per household. There was a post regarding recovery rate of iphone in us vs India. For us it's about 20 days, in India it more than 2 months.
Is it?
A lot of our T2 Bros have made shit tons of money from property price inflation. Not to mention our farm Bros and lots of small business owners don't pay taxes.
EMI may just be a front for laundering all that black money by making cash payments to their local PSU bank branch.
Can't say about tier 2, but Tiktoker effect is heavy here
Income Equality is an encouraging sign. But there would be few cases of stress as well where people are buying because of the FOMO and ambitions lifestyle and getting into debt traps.
Most likely due to wfh population