Purpose The primary purpose of this paper is to determine the role of behavioral characteristics of young adults on housing and real estate loan default intentions. The behavioral factors considered in this study are financial literacy, materialism, emotions, indebtedness and risk perception. Design/methodology/approach The sample frame comprises of young clients who have taken house loans and work in India’s metropolitan cities. These cities provide a higher quality of life, more employment possibilities and cheaper living costs. A systematic questionnaire was used, which was divided into six components. A total of 352 valid responses were collected and analyzed through a structural equation model. Findings The findings suggest that financial literacy, materialism and risk perception have a considerable impact on loan default intention among young adults. The results also ascertained that emotion and indebtedness do not have a considerable impact on loan default intention among young adults. Research limitations/implications The scope of this study is limited to India’s metropolitan cities. Future studies can examine comparative examinations of young adults working in the public and private sectors and those working in different cities across India. Practical implications This paper contributes to a better understanding of behavioral variables which may lead to the creation of preventive measures for young defaulters. The findings of this study will help financial institutions to improve their credit-offering models. Originality/value To the best of the authors’ knowledge, this study is the first to determine the role of behavioral attributes of young adults on housing and real estate loan default intentions in India. This work will be executable to all the stakeholders of the housing and real estate industry altogether.

No abstract

Infections, that are resistant to the various antibiotics, have increased and become a major concern in the field of drug discovery. This has initiated the need to improve the quality of the existing drugs or find an innovative set of strategies to overcome this issue. In the hope of treating multiple-drug resistant infections, the concept of using natural products to form nanoparticles that could resolve the problem has been introduced. This review talks about the myriad ways of synthesis of silver nanoparticles from natural products which helps in the treatment of multiple diseases.