Quote:
Originally Posted by fundoo158
It seems to me that builders are trying to create this " less supply" scenario..by show low availability of flats...these pune builders suck man!!!
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Why to curse the builders. Greed for profit is there in all professions.... Don't fuel their greed by going for the deal at higher price.
Read this - ]http://puneestate.wordpress.com/2009/06/17/more-un-real-estate/[/URL]
Read the line on this blog - "
The builders will not reduce price because they should reduce it, they will reduce when they have to reduce it."
If people don't buy, prices WILL come down. No point of getting frustrated.... Instead, crush the demand and it will pay off.
The 'Simple Calculation' post on this blog also shows why it is better to rent than to purchase at this rate.
Hence one should get rid of the feeling that "I am wasting my money on rent." It is financially a +ve decision to rent a house at this time!