Friday, November 11, 2016

Modi pops the housing bubble

Amen, Finally the end is here. This is the black swan event which no one could foresee. The black money based developers are going out of business. More than one lakh crore is going out of the system. It is hard to imagine how much deflationary impact this is going to have on the system. Let's wait and watch. The time to buy is about six months away when we see blood on the streets.

702 comments:

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In Tamil nadu , RE busted there years ago when High court made registering pieces of farm lands illegal . Many people there are aware that there are so many finished houses for sale and everybody was talking about "Dull RE"

It is going to be fast and painful death for RE and RE job market.Poor people are going to suffer a lot :(

I am waiting to see price war when all the builders trying exit at the same time.

Many builders have distributed the 1000 rs currency as advanced salary.

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packers and movers chennai said...

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Ashwanth said...

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