Re: Memons
Yeah, as if other groups don’t do that in pakistan. 
Its a fault that most south Asians have - its not limited to Memons.
Anyway, the frugality and staunch adherance to principals and excellent business ethic is fast being replaced by greed and materialism; you’re seeing that everywhere in Pakistan as it is. I don’t know if the Memons of India are facing the same transformation. Our weddings used to be very simple, and now people try to compete with each other to have the most extravagant wedding; people hoard money and then spent is lavishly on dresses and jewelry while still living in their ancestor’s homes that are falling apart. But now people are not so keen on living in those tutapy putay ghar - people are heavily investing in property and really building up beautiful and huge homes. Here, where I am, its a competition over houses - last house I heard of was bought for 3.5 million dollars. I don’t even want to hear of such things, anymore, so I don’t know what the going rate is these days for homes. That was some years ago.
The average memon of yesteryear would not have bought a home worth 3.5 million - they would have bought LAND worth 3.5 million and then built apartments or businesses and charged rent from everyone, while living out of a small teeny apartment.