What is a Real Estate Bubble?
Friends:
Across the globe, there are very few examples of busting of a real estate bubble. I mean the market crash. Hong Kong is one country where from 1995 to 1997, there was a significant increase in the market prices followed by a declining from 1997 until 2002. The market crash was catastrophic and impacted several people (rather economy) badly.
Key questions:
1. What are the characteristics of a property market "bubble"?
2. How is Indian market shaping up (do we really have the correct information and hence correct picture and if now, how do we get it)?
Views of how do we get the correct idea on what's the Indian market scenario, and in general your individual perception of market, will be highly valuable to get!
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