He mean 48,000 INR ( Indian Rupees ) for sure. which is actually a hotel rent of Rs 1600 daily ( in USD it is $35 daily )
I pay $543 a month inc bills for place with 2 bedroom, 2 bathroom, onsite gym, sauna, huge swimming pool and lots of sunny weather. Where are you located ? I pay 550$ for 4 Bethroom 2 athrooms in the center of my city house but considering in my country 500/month is q good sallary then this is very expensive ...
Must be nice I purchased my first home at age 19, thanks to YPN =), beautiful confederation log home up in bobcaygeon ontario, lived there for a couple years, sold due to only having wireless internet and well just too much partying!! Had a condo in toronto for a few years. Just recently moved to peterborough ontario and renting from Mike Fisher's (nhl player) brothers real estate in the area. Nice n cheap, $700 a month all included. Now you ask why you renting when you have already owned. Well I am only living in here right now till the GF finishes her uni. Then back off to country living, this time getting my own line installed, whatever the price may be even 10k! Anything but wireless again
Last year, I completed constructing my new house and moved into it with my family. So, the question of paying rent doesn't arise but having taken the housing loan, I pay an EMI of about $400 per month.
I am in Thailand. ok, will put a note in my calendar to ask you again to see if your rent has changed ok!