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Old 27-11-08   #7
sethugm is offline sethugm
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Quote:
Originally Posted by wiseman View Post
Though people are coming in from Bombay, Pune, NCR, etc, there does not seem to be continuation on those posts.

Appears only the Chennai related posts get people all hot and bothered! Wonder why?

cheers
Helo Wiseman,

Its really interesting to read your postings and the analysis and stats you provide are awesome and educative.Thanks for your postings.

As I could read from known people around me,(some 40-50 NRIs who work for an FI ) I could see the two main reasons why Chennai guys are more active in realty discussion..

1) Majority of the Chennai/TN guys tend to save money when they are abroad whereas their counterparts tend to spend more on lifestyle and luxury leaving less savings with them.

2) Many of the Bombay and NCR guys have parked good amount of their savings in stocks and the happenings in stock market make them not to exit now with losses and they are waiting to exit from market even if its break-even.

Keep doing well.
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