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SIX reasons why property prices WILL NOT fall in your city

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SIX reasons why property prices WILL NOT fall in your city

Last updated: May 15 2012
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  • SIX reasons why property prices WILL NOT fall in your city

    SIX reasons why property prices WILL NOT fall in your city!

    SIX reasons why property prices WILL NOT fall in your city! - Rediff Getahead
  • #2

    #2

    Re : SIX reasons why property prices WILL NOT fall in your city

    Originally posted by truptid View Post
    SIX reasons why property prices WILL NOT fall in your city!

    SIX reasons why property prices WILL NOT fall in your city! - Rediff Getahead

    Why not SIXty reasons?

    Comment

    • #3

      #3

      Re : SIX reasons why property prices WILL NOT fall in your city

      Originally posted by truptid View Post
      SIX reasons why property prices WILL NOT fall in your city!

      SIX reasons why property prices WILL NOT fall in your city! - Rediff Getahead
      It says RE prices double every 4 year & rural employment guarantee scheme as reason for property prices not falling.

      What a Siddhu logic .

      Here are some more reasons why RE prices will not fall:-

      Bicycles don't require petrol,

      Samosa is fried in oil,

      Washing machine doesn't help in cooking,

      You can't date a buffalo.

      If you are happy, you are successful.

      Comment

      • #4

        #4

        Re : SIX reasons why property prices WILL NOT fall in your city

        Originally posted by truptid View Post
        SIX reasons why property prices WILL NOT fall in your city!

        SIX reasons why property prices WILL NOT fall in your city! - Rediff Getahead
        Inflation in construction cost or labour cost can't be the reason of higher RE prices, because price of same quality (and size too) flat in across the cities is not same, I mean, same flat is being sold for 20 Lakh in outskirts of Pune, and same flat is available for 2.5 Cr in Mumbai (or in 90 Lakh in Pune).

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        • #5

          #5

          Re : SIX reasons why property prices WILL NOT fall in your city

          Originally posted by truptid View Post
          SIX reasons why property prices WILL NOT fall in your city!

          SIX reasons why property prices WILL NOT fall in your city! - Rediff Getahead
          As mentioned in another thread, this is an article written by someone who makes a living selling properties (e-broker, in a way). I wouldn't read too much into it. Just trying to soft-peddle his target market.

          Comment

          • #6

            #6

            Re : SIX reasons why property prices WILL NOT fall in your city

            Originally posted by truptid View Post
            SIX reasons why property prices WILL NOT fall in your city!

            SIX reasons why property prices WILL NOT fall in your city! - Rediff Getahead

            (Un)Real Estate prices only sustained because of :-

            - Black money
            - Black money
            - Black money

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            • #7

              #7

              Re : SIX reasons why property prices WILL NOT fall in your city

              its not just the balck money!

              Black money was always there.... Still there was a correction in late 90's and in 2009.... I am no expert but on such matters but I strongly feel the only reason for RE sustaining at such obscene level is the attitude of people towards RE...it has to change before we see any faintest clue of correction...
              Alcohol doesn't solve any problem...but neither does the milk.

              Comment

              • #8

                #8

                Re : SIX reasons why property prices WILL NOT fall in your city

                well said Ninja_Chacha

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                • #9

                  #9

                  Re : SIX reasons why property prices WILL NOT fall in your city

                  Originally posted by Ninja_Chacha View Post
                  Black money was always there.... Still there was a correction in late 90's and in 2009.... I am no expert but on such matters but I strongly feel the only reason for RE sustaining at such obscene level is the attitude of people towards RE...it has to change before we see any faintest clue of correction...


                  Kick the gold diggers (RE investors) out of the RE market. Or make the rules tight for them NOT to just invest for a short period and resale even before possession at a very high rate creating an artificial demand for properties & artificial hike in property prices.

                  Do not allow resale at least until the possession of the flats.
                  Last edited May 2 2012, 01:36 PM. Reason: changes

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                  • #10

                    #10

                    Re : SIX reasons why property prices WILL NOT fall in your city

                    Originally posted by Ninja_Chacha View Post
                    Black money was always there.... Still there was a correction in late 90's and in 2009.... I am no expert but on such matters but I strongly feel the only reason for RE sustaining at such obscene level is the attitude of people towards RE...it has to change before we see any faintest clue of correction...
                    True indeed. The attitude must change. The willingness to own a home at any cost must change. As quoted in various posts, even a property falls into budget but unreasonable priced should be ignored. Otherwise a time will come when middle class will be slaves of either banks or builders.

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