Salary cut? Buy a home! ; The pall of gloom over the state of the world's financial condition may be lifting, but Indians are still wary about their financial health.

The pall of gloom over the state of the world's financialcondition may be lifting, but Indians are still wary about theirfinancial health. So, when brokerage and investment banking firmCLSA conducted a survey to find out the consumption and investmentbehaviour of the Indian middle class, they came across a mixture ofoptimism and worry.

Those who plan to buy a home

12% in 2007

27% in 2009

Those who owned a car

19% in 2007

35% in 2009

The report titled "Mr & Mrs India compared consumer behaviour in2007 and 2009 (till just before the Lok Sabha elections) to see ifpeople had cut costs or continued to spend on big-ticket …