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1. Whereever I have gone, they are ready to come down on the advance. 2. Or, if you are ready to pay good amount as advance, they are ready to come down on the rent.

I opt for the second one. Since, advance is something you can get back.

I think I have given enough examples about rational thinking IT pros.
There are lot of reasons for increase in rentals. we can start from rise in population to inflation to greed.

Urgent na ellarum auto use pannuvanga irrespective of whether they are in IT or not.

Its like saying those who take the EXPRESS bus service and paying more are to be blamed for such a hike in price and not those who increased the fare

Lets say we agree to disagree on this.

Again, I am not talking about people not using public transport. A guy earning 300 Rs. per day may well get a bike by paying EMI but am sure he will think twice to pay 150 Rs. for an auto trip whereas generally… or rather most of the IT lot would not hestiate to do this. What other good reason do we have for the sudden meteoric rise in rents, land prices? I would purely blame it on the IT and their (our) high salaries.

I specically added to drive home the point that its all relative anyway.

I can also argue that you shud’ve settled for a house much lower than what you are paying. I can say you, by paying X amount, has deprived of someone who probly would’ve only paid X-500 for the same house.

Please tell me why is that you are right in cribbing while the guy who is deprived of you was less than reasonable in his offer?

It is all perception.

see, this is the problem. it’s not the ratio we are talking about.
it’s the amount you are spending.

iam in pallavaram, even my house owner raised the rent by 1000 Rs at a time. you can’t imagine this even three to four years back

you know the advance amount they are asking now??it’s 10 month rent
earlier it was only three months rent.

some one is ready there to pay 1000 rs more for the same house in which iam staying now.who is working in IT industry

Objection your honor:)

First, lets take commute alone.

Check out the MRTS station in front of Tidel every morning. Almost all these folks can very well afford a two-wheeler, if not a car. Yet most manage their daily commute in trains. I know of a few friends who come all the way from villivakkam to OMR in public transport (MRTS, share autos etc). He has a car at home

A friend of mine (monu) traveled in public transport even when she was 8 months pregnant. And she is twenty something, earning more than the amt u mentioned

Personally, I take auto when its more or less a ‘no other option’ scenario.
Its scary to ride 2-wheelers late in the night (that deserves a separate post), so I take a cab back home leaving my bike at office.

Whatever I earn makes no sense if I have to come home at 2 and start at 7.30 bcos i need to prove to the society that i know the value of money or whatever:)

A lot of people who earn 300 per day (say 10,000 bucks a month) actually buy a bike and go for EMIs + spend 50 bucks a day for petrol but do not travel by public transport. Now, tell me how much do they spend relative to their income and how much the so called ‘money splurging’ IT pro spends?

As i mentioned in my post, a lot of money goes for food (eating out is a big money guzzler) and alcohol (includes both the TASMAC shops and high funda permit rooms). The rest goes for home loans EMIs, phone bills (to some extent idhuvum waste dhaan).

Who else is ready to pay 6000 Rs as rent for a 3000 Rs worth house, who else would spend so much on food? Its definitely the people holding IT or IT related jobs. Others, atleast since see huge bucks over a period of time, atleast know its worth and do not spend blindly.