Other side of the Coin(India)-2

Having the "Other side of the Coin(India)" which
my previous post,I wish to continue the topic
for some more posts (i wish you too want it).

Today when i visited one of my friends home,
which is in Chennai, i had a chance to converse
with my friend's father.

While talking he said, He was annoyed by the House
rent rate in chennai.For a single room house,
the house owners bidding a huge amount as rent.
He said, that is due to the IT/BPO boom.


I was amused.How could a boom annoy the people
rather please them?.

His answer was
"Due to IT boom, most yougsters wish to stay near or
in City because companies are there. So there arises
the Demand-Available problem. So the demand is high but
availabilty less.This make them to give huge amount
as Rent regardless of the facilities.The owners also
Demanding the high price which in turn affect the
normal people like middle class families to shift
their house to outer of the city.
The middle class or below them cannot combat with IT
pals,because they are getting around Rs.5000/7000 as
Monthly salary,which is one fourth of the software
engineers(Rs.20000 and more)."

Post your opinion in comment box.