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Builders & RE Bulls Theory Proved Right !!!

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Builders & RE Bulls Theory Proved Right !!!

Last updated: June 15 2016
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  • #81

    #81

    Re : Builders & RE Bulls Theory Proved Right !!!

    On a lighter note...

    Once upon a time in a village, a man announced to the villagers that he would buy monkeys for Rs 10. The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.. The man bought thousands at Rs 10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at Rs20. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer rate increased to Rs 25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at Rs 50!
    However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers. Look at all these monkeys in the big cage that the man has collected. I will sell them to you at Rs 35 and when the man returns from the city, you can sell it to him for Rs 50." The villagers squeezed up with all their savings and bought all the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!

    So remember .. do not look at land/ house as the only means of investment.. Buy if you living on it. If you are investing.. Get out at the right time.. or you will just have a monkey

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    • #82

      #82

      Re : Builders & RE Bulls Theory Proved Right !!!

      True that

      Originally posted by Sharpj View Post
      Once upon a time in a village, a man announced to the villagers that he would buy monkeys for Rs 10. The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.. The man bought thousands at Rs 10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at Rs20. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer rate increased to Rs 25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at Rs 50!
      However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers. Look at all these monkeys in the big cage that the man has collected. I will sell them to you at Rs 35 and when the man returns from the city, you can sell it to him for Rs 50." The villagers squeezed up with all their savings and bought all the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!

      So remember .. do not look at land/ house as the only means of investment.. Buy if you living on it. If you are investing.. Get out at the right time.. or you will just have a monkey
      True that ..

      Comment

      • #83

        #83

        Re : Builders & RE Bulls Theory Proved Right !!!

        Originally posted by realacres View Post
        There are always 2 type of people, one who tries to WIN & other who tries to make the opponent LOOSE. Decide which category you fall in.
        +1, Man...very true.

        Comment

        • #84

          #84

          Re : Builders & RE Bulls Theory Proved Right !!!

          Originally posted by Sharpj View Post
          Once upon a time in a village, a man announced to the villagers that he would buy monkeys for Rs 10. The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.. The man bought thousands at Rs 10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at Rs20. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer rate increased to Rs 25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at Rs 50!
          However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers. Look at all these monkeys in the big cage that the man has collected. I will sell them to you at Rs 35 and when the man returns from the city, you can sell it to him for Rs 50." The villagers squeezed up with all their savings and bought all the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!

          So remember .. do not look at land/ house as the only means of investment.. Buy if you living on it. If you are investing.. Get out at the right time.. or you will just have a monkey
          Great post Sharpy

          Comment

          • #85

            #85

            Re : Builders & RE Bulls Theory Proved Right !!!

            Who has seen tomorrow but for now the builders are winning. Baner at 4500 who would have thought..
            When the facts change, I change my mind. What do you do, sir? - John Maynard Keynes

            Comment

            • #86

              #86

              Re : Builders & RE Bulls Theory Proved Right !!!

              Rs 75,000 cr and counting: More treasure tumbles out of Kerala shrine

              USD 20 billion in one temple......
              When the facts change, I change my mind. What do you do, sir? - John Maynard Keynes

              Comment

              • #87

                #87

                Re : Builders & RE Bulls Theory Proved Right !!!

                Quote:
                Originally Posted by realacres

                Problem with RE bulls is they see 2007 & directly jump to 2011 forgetting that 2009 also existed in between & same situation will be up again, more harsher as there will be no banks to pull you up either.


                That is actually a problem with so called RE bears (or proponents of 'do nothing'). They are trying to time the market which is extremely dangerous. Those who stayed out in 2007 also mostly stayed out in 2009 - the RE Bulls Theory Wrong is prime example because at the time these guys should have bought they were starting threads on forums propagating a view that the prices would fall further. And here we are in 2 years prices have exceeded those in 2007 very well. So do not try to time the market. It is an extremely dangerous game.
                When the facts change, I change my mind. What do you do, sir? - John Maynard Keynes

                Comment

                • #88

                  #88

                  Re : Builders & RE Bulls Theory Proved Right !!!

                  so what is your story STOXXX

                  so what is your story STOXXX , are you a person who missed the bus or caught the bus , or in between ...

                  Originally posted by stoxxx View Post
                  Quote:
                  Originally Posted by realacres

                  Problem with RE bulls is they see 2007 & directly jump to 2011 forgetting that 2009 also existed in between & same situation will be up again, more harsher as there will be no banks to pull you up either.


                  That is actually a problem with so called RE bears (or proponents of 'do nothing'). They are trying to time the market which is extremely dangerous. Those who stayed out in 2007 also mostly stayed out in 2009 - the RE Bulls Theory Wrong is prime example because at the time these guys should have bought they were starting threads on forums propagating a view that the prices would fall further. And here we are in 2 years prices have exceeded those in 2007 very well. So do not try to time the market. It is an extremely dangerous game.

                  Comment

                  • #89

                    #89

                    Re : Builders & RE Bulls Theory Proved Right !!!

                    Originally posted by Sharpj View Post
                    Once upon a time in a village, a man announced to the villagers that he would buy monkeys for Rs 10. The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.. The man bought thousands at Rs 10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at Rs20. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer rate increased to Rs 25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at Rs 50!
                    However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers. Look at all these monkeys in the big cage that the man has collected. I will sell them to you at Rs 35 and when the man returns from the city, you can sell it to him for Rs 50." The villagers squeezed up with all their savings and bought all the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!

                    So remember .. do not look at land/ house as the only means of investment.. Buy if you living on it. If you are investing.. Get out at the right time.. or you will just have a monkey
                    Very true...Great post !!
                    Nitin

                    Comment

                    • #90

                      #90

                      Re : Builders & RE Bulls Theory Proved Right !!!

                      Originally posted by shashankgujjar View Post
                      so what is your story STOXXX , are you a person who missed the bus or caught the bus , or in between ...
                      I think he has already caught the bus and ready to get down to catch another after sometime when environment is again favorable for investment in RE.

                      Comment

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