Wealthy Indians Indulge while Middle Class Tightens Belts Amidst Growing Economic Divide

In a dramatic shift in consumer spending trends in India, recent data indicates a widening divide between the spending habits of the affluent and the middle class. While the wealthiest individuals are enjoying an unprecedented splurge on luxury goods and experiences, the middle class is increasingly resorting to cutbacks in their consumption, reflecting broader economic disparities in the country.

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Struggling Middle-Class Families Confront Housing Crisis in Key Election States

As the 2024 presidential election races toward its climax, middle-class families in numerous pivotal states are facing a daunting challenge: securing affordable housing amidst soaring costs and a competitive market. The combination of rising interest rates, inflation, and stagnant wages is creating an increasingly tough landscape for families trying to find a stable place to call home, particularly in battleground states like Arizona, Georgia, and Wisconsin.

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