what are we?
im 18, parents are 51 and 46. they are govt employees earning close to 1 lac per month combined. we dont have a house and live in a rented 2bhk apartment costing only 8k per month. we have 3 bigha land in a village only 800m from national highway, and another 2 bigha in another village 8km from national highway. we dont have any vehicle as of now also no debt. parents are doing sip of 45k per month from last 1 year as we do not have any major expenses.
what are we? are we middle class cus we do have a decent earning but no house and vehicles? are we upper middle class cus we have 5 bigha land even if it’s village land?