Hello, There’s a first time for everything, even if you’re a billionaire. Zerodha Co-founder Nikhil Kamath, with a net worth of $3.1 billion, has finally bought a house after years of preferring to rent. “The thing with renting, of all the advantages of renting, there is one disadvantage: you don’t have foresight as to when you can move out of the house,” he said in his podcast WTF is. Nobody said renting was easy. In fact, a recent report by CREDAI-MCHI stated that renting a 1BHK flat in Mumbai costs Rs 5.18 lakh annually—higher than the average salary of junior-level employees. The high rental prices may lead to brain-drain, it added. However, real estate remains the preferred asset class of investment for over 59% of Indians given the sense of security and safety associated with homeownership, according to a FICCI-Anarock report. Moving on, a Delhi-based software engineer at Google received a rejection letter from a startup. According to the startup, candidates with higher qualifications often find the work unfulfilling and tend to leave shortly after joining. Well, that’s food for thought. Speaking of food and work, nearly half of all Gen Z workers miss lunch twice or more a week, viewing lunch as the “best part of the workday”, a study by ezCater highlighted. Interestingly, this phenomenon appears to stem from a culture of relentless productivity that emerged during the COVID-19 pandemic. They shouldn’t forget that the belly rules the mind. In today’s newsletter, we will talk about - Prioritising mental health over deadlines
- Exploring rustic flavours of the Himalayas
- An incubator for chefs
Here’s your trivia for today: Before Nvidia, founder and CEO Jensen Huang designed microprocessors for which company?
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