Quote:
Originally Posted by ashypeshy
Anyone to Agree to my idea...come on guys y is Every one so...towards Chennai.
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Long ago in 19th Century England, Sherlock Holmes was walking home after solving a case one day. Sun had already set and it was dark, except for the pools of light under the lanterns which were used to light up the road.
By and by, he came upon a young man keenly searching the ground under a lantern. Upon asking him he was told that the man had lost a VERY valuable ring which he HAD to find. Sherlock being who he was, joined and searched and searched, but was finally defeated. The Great man who had solved so many cases could not find a gold ring in a small pool of light!
Shocked at this he finally asked, where exactly the man had lost the ring. The man pointed to a place far away in the darkness. Amazed (but relieved too
), Sherlock asked, "but why were you searching here then?". To which the man replied, "Because the light is here!"
Ashypeshy, if I have to live in Chennai (for various reasons and compulsions) I can only buy in Chennai. Simply because the price is cheaper in Madurai it is not reason to buy in Madurai. This is the simple difference between buying to reside in and buying for investment purposes.
Besides, low price never means great value. And high price does not always mean poor appreciation going forward. Whatever the price level its because that is what the public deems it to be worth at that point in time. There is always a reason for a price.
No offense.
cheers