Kerala’s vacant houses are high on nostalgia, not on returns
Many non-resident Keralites don’t realise that buying a house too early in life may not be a wise idea
Keralites prefer independently constructed houses, thanks to lower land prices in smaller towns of the state
Drive down the coastal belt of Kerala, and you will find the landscape dotted by huge independent houses, built in traditional style. A typical metropolitan resident may, perhaps, envy the people who live in these houses. But take a closer look, and you will find that many of these today are lying vacant.