tag:blogger.com,1999:blog-19740856.post5664332067705523715..comments2024-03-28T23:30:16.420-07:00Comments on India's housing bubble: Decoupling, local demand driven economy, green shootsUnknownnoreply@blogger.comBlogger20125tag:blogger.com,1999:blog-19740856.post-41041478098863385562021-05-18T02:30:51.287-07:002021-05-18T02:30:51.287-07:00Thanks for sharing the information it helps a lot....Thanks for sharing the information it helps a lot. If your searching for <a href="https://www.jj-infra.com/jjs-hill-county/" rel="nofollow">Open plots for sale in Hyderabad.</a> JJ Infra is the No.1 Real estate company for Investments.jjinfraindiahttps://www.blogger.com/profile/01030093860632728706noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-43752061716667760492012-12-07T01:20:37.994-08:002012-12-07T01:20:37.994-08:00This comment has been removed by the author.rajnihttps://www.blogger.com/profile/06444939579267581761noreply@blogger.comtag:blogger.com,1999:blog-19740856.post-11886971249401768902010-06-04T19:25:14.970-07:002010-06-04T19:25:14.970-07:00press releases cause a 30% jump. You must be jokin...press releases cause a 30% jump. You must be joking. How about another 2-3 more press releases to make it jump 100%Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-38799299245159629492010-06-04T03:45:47.382-07:002010-06-04T03:45:47.382-07:00Real Estate - Bangalore
Bangalore, June 3 (IANS) O...Real Estate - Bangalore<br />Bangalore, June 3 (IANS) Over 40 memorandum of understandings for an investment of nearly Rs.3 lakh crore (Rs.3 trillion) in Karnataka were signed on the first day of the two-day Global Investors Meet (GIM) here Thursday.<br /><br />Overnight, the prices of real estate have jumped by 30% in bangalore city and 20% in Mysore.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-82222888311061928982010-06-03T09:49:24.179-07:002010-06-03T09:49:24.179-07:00Anon above:
One thing you have to understand is t...Anon above:<br /><br />One thing you have to understand is that a lot of black money has been created due to the RE bubble and not the other way.<br /><br />Once prices go down, that black money component will evaporate.<br /><br />Moreover, there are many people who take loans. All the working class honest people have loans from the banks in India. Bankers are not sitting idle, they have been providing loans. <br /><br />As regards to builders making statements, do not believe them.<br /><br />When the sentiment turns negative, investors would start dumping their properties for sale thereby increasing the inventories. This will cause RE prices to go down. More supply and less demand.<br /><br />You have to understand that the demand is "speculative demand and is not organic". Once prices fall more, more people will bring their houses for sale and it will become a self fulfilling prophecy. Then there will be 3-4 years of declines and prices falling by 50-60%. <br /><br />Don't believe it, wait and watch. <br />Still don't belive it, buy RE and get screwed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-78113418552668312932010-06-03T08:09:44.564-07:002010-06-03T08:09:44.564-07:00Regarding the bubble hypothesis, I have few questi...Regarding the bubble hypothesis, I have few questions. Appreciate if someone could enlighten me<br /><br />1. Why would prices come down when people are willing to buy. People with black money have to park their money somewhere. <br /><br />2. Very few buyers use bank loans to buy a place. So, the interest rate and banks have little influence on prices and a economic slowdown or turmoil will have no effect on thriving black economy and therefore unlikely to effect real estate. <br /><br />3. Builders statistics indicate that for every apartment they construct, there are 10 buyers willing to pay the asking price. <br /><br />3. Assuming the economy nose dives, what difference is that going to make to people who have invested their black money in real estate. This is similar to people who keep money in swiss banks and pay a hefty fee for just having their account with them. In course of time, the account value dwindles but this is acceptable to them as their money is secure. <br /><br />These are some of the things I've been pondering about.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-61114649055881529822010-06-02T20:20:06.287-07:002010-06-02T20:20:06.287-07:00anon@7:45
Its ok..the more time the balloon is in...anon@7:45<br /><br />Its ok..the more time the balloon is inflated..the bigger the implosion. Will wait patiently for the day when prices absolutely nose dive for a 10 out of 10 score..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-49975777849457245062010-06-02T19:45:25.180-07:002010-06-02T19:45:25.180-07:00Little Ramu-
You are in hard luck as this bubble w...Little Ramu-<br />You are in hard luck as this bubble will not go away easily. This time it is a big GOI undertaking to make sure RE prices do not drop as they are the major contributors to GDP. They will do whatever it takes to keep it propped up.<br /><br />But for how long? The reality of absurd RE prices would be revealed in the coming years. Ramu, you can't buy soon but eventually. Upar wala sab dekhta hai.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-70972651167020970052010-06-02T16:48:44.154-07:002010-06-02T16:48:44.154-07:00Bubble Bubble go away
Come again another day
Littl...Bubble Bubble go away<br />Come again another day<br />Little Ramu wants to buy a placeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-89572192296755577362010-06-02T13:04:48.217-07:002010-06-02T13:04:48.217-07:00Anon above:
If you don't think there is a bub...Anon above:<br /><br />If you don't think there is a bubble,then keep buying RE. I think there is a massive bubble and I'll wait, maybe for 4-5 years. It is cheaper for me to rent.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-16788913786837619072010-06-02T12:09:49.897-07:002010-06-02T12:09:49.897-07:00@Anonymous 8 49
What makes you think/conclude tha...@Anonymous 8 49<br /><br />What makes you think/conclude that there is a bubble. I'm not so sure. People are buying properties with cash money. Those who are seeking loans are a mere 1%. Those who invest are long term investors who are not bothered by the turmoils in the financial market.<br />India signs a defense deal of $1 billion, $300 million goes into the pockets of select few. This is black money generation example. BBillions black money is generated and part of this goes into real estate.Arunnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-23377625229782362112010-06-02T08:49:33.113-07:002010-06-02T08:49:33.113-07:00If most of the country lives on $2 a day, this bub...If most of the country lives on $2 a day, this bubble will turn out to be more nastier than thought.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-32050326264084823302010-06-02T06:14:33.372-07:002010-06-02T06:14:33.372-07:00As Mr. Tiwari said, I suggest that we should stick...As Mr. Tiwari said, I suggest that we should stick to our domestic situation rather than discussing international economics. Our problem is more related to black money/corruption and an impotent government. I don't know about china, but Aus and NZ are developed economies. No one stares or live in shacks/tents like our people and even if their debt is high, they just to have to cut down on super luxury goods that will solve their problem. Our situation is different. Most people live $2 a day where has a flat in s slum costs $250,000. <br />I wish that Indira Gandhi was alve todayArunnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-46711730750941913782010-06-02T05:13:54.254-07:002010-06-02T05:13:54.254-07:00Anon @3:37
Do you know whatis India's Debt to...Anon @3:37<br /><br />Do you know whatis India's Debt to GDP ratio? Google it. You'll find that India is in a worse condition than China, Aus, NZ etc.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-48935869777833020662010-06-02T05:00:04.633-07:002010-06-02T05:00:04.633-07:00Anon above:
That's the the whole problem that ...Anon above:<br />That's the the whole problem that everyone thinks they are different. People like you are thinking in all countries that there is no bubble in their countries.<br /><br />Time will tell. As one Anon above said: "And everyone says "it is different here". Our country is prosperous and has no bubble."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-64801950852157458662010-06-02T03:37:20.877-07:002010-06-02T03:37:20.877-07:00To anonymous people who post bullshit crap:
Pleas...To anonymous people who post bullshit crap:<br /><br />Please do not pollute this blog by posting news coming out of your mentally retarded brains. We aren't interested in China, Canada, Australia, New Zealand.<br /><br />We are discussing about the housing problems in India. Your sick brains are drawing parallel between a street riot and WW II.<br /><br />Thank you BhaisRajesh Tiwarinoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-64911842491190465452010-06-01T21:51:57.941-07:002010-06-01T21:51:57.941-07:00Year to Date Stock Indexes:
ALl or down by given p...Year to Date Stock Indexes:<br />ALl or down by given percentages:<br />Shanghai: 22%<br />Hang Seng: 11%<br />Brazil: 10%<br />Sensex:5% <br /><br />India is only down 5% year to date. <br /><br />Either this Sensex casino is in full swing and optimism is high among Indians ignorant of the looming world crisis or it will<br />adjust soon by going down by few thousand points.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-43301405254585175982010-06-01T21:51:31.069-07:002010-06-01T21:51:31.069-07:00The bad thing is that all these Govts. will start ...The bad thing is that all these Govts. will start printing a lot of money. Which will result in massive inflation and devaluation of their currencies big time.<br /><br />It is surprising that India has good brains who are running the country and still they are calling the speculative activity as economic activity. The Sensex and RE casino are not the real economy created by low interest rates and borrowed money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-31475087535020499172010-06-01T21:51:06.581-07:002010-06-01T21:51:06.581-07:00Same can be said for Canada, Australia, New Zealan...Same can be said for Canada, Australia, New Zealand, India the UK, etc.<br /><br />Round Two of the Global Housing Bubble popping is coming up…<br /><br />And everyone says "it is different here". Our country is prosperous and has no bubble.<br /><br />A lot of money is going to be destroyed in the next few years.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19740856.post-49023409323079024372010-06-01T21:50:42.573-07:002010-06-01T21:50:42.573-07:00By Geoff Dyer in Beijing
Published: May 31 2010 20...By Geoff Dyer in Beijing<br />Published: May 31 2010 20:08 | Last updated: May 31 2010 20:08<br /><br />The problems in China’s housing market are more severe than those in the US before the financial crisis because they combine a potential bubble with the risk of social discontent, according to an adviser to the Chinese central bank.<br /><br />Li Daokui, a professor at Tsinghua University and a member of the Chinese central bank’s monetary policy committee, said recent government measures to cool the property market needed to be part of a long-term push to bring high housing prices under control.<br /><br />He added that there were still signs that the economy was overheating and recommended modest increases in interest rates and the level of the currency.<br /><br />“The housing market problem in China is actually much, much more fundamental, much bigger than the housing market problem in the US and UK before your financial crisis,” he said in an interview. “It is more than [just] a bubble problem.”<br /><br />When things about India also come to light, Indians may not be ready for the rude awakening and aftermath shocks.Anonymousnoreply@blogger.com