Announcement

Collapse
No announcement yet.

Builders & Real Estate Bulls Theory Proved Wrong

Collapse
X
Collapse

Builders & Real Estate Bulls Theory Proved Wrong

Last updated: November 1 2016
12768 | Posts
  • Time
  • Show
Clear All
new posts

  • Re : Builders & Real Estate Bulls Theory Proved Wrong

    Originally posted by oldschooler View Post
    Hey RA no amount of analysis is enough to convince the bulls that the tide has changed...like wise no amount of past data would convince people like me that the party will continue...Only time will tell who was on the correct side of the fence...

    If people think that since real estate gave x% returns in past, the returns in the future will remain so, then we really cannot challenge their thought process...as they say "to each their own"


    For now we will have to leave with the differences...
    +1. Point taken.

    Originally posted by Sansei View Post
    Its absolutely clear that days of irrational exuberance are over. If one can get even the
    inflation beating return be thankful incase of flats.
    Investors beware.
    Yes, and even mutual funds clearly state that past returns need to be subject to future returns. If RE had only gone up by 40-50% YoY, no one would have worked in other fields, simply put money in RE & become millionaire overnight.
    If you are happy, you are successful.

    Comment


    • Re : Builders & Real Estate Bulls Theory Proved Wrong

      Originally posted by gmmumbai View Post
      I know some folks who put in 15-20L in 2003 time frames in these areas and today sitting on 1.5 to 2 crores worth property !
      Now as if nothing else is left, start comparing prices from 2003 now.
      Ok, few people purchased land at Nariman point, Mumbai for few hundred rupees around time of independence. They are now sitting on few hundreds of crores property.

      Originally posted by southsea View Post
      @Tushar - "If he decides to purchase 2013 May - Total Price 1.08 cr with 56L Loan - Well this has become impossible now."That is exactly why inventory is so high in our cities. If the original buyer had stayed on the sidelines and is now unable to buy that same flat, how many others do you think can take his place ? Look at the rents. They tell you more about actual incomes and demand than do prices.
      +1.
      Funny thing is RE bulls first give some eg. & in second eg. contradict their own first eg.
      If you are happy, you are successful.

      Comment


      • Re : Builders & Real Estate Bulls Theory Proved Wrong

        We May Have Just Witnessed Our First Truly Crippling Chinese Real Estate Default

        Chinese real estate developer, Kaisa Group Holdings had a healthy balance sheet according to investors and observers alike. It was rated the number one firm residential property sales in Shenzen, its province, in the first half of 2014. It was known for fast, reliable work.

        But on Thursday, it appears Kaisa became the first Chinese development firm to default on offshore debt, missing a $500 million interest payment on debt to foreign investors.

        Consider this a slap in the face to investors chasing yield around the world and finding it (or so they think) in emerging market junk bonds.

        We May Have Just Witnessed Our First Truly Crippling Chinese Real Estate Default | Business Insider India
        If you are happy, you are successful.

        Comment


        • Re : Builders & Real Estate Bulls Theory Proved Wrong

          Car sales growth stuck in slow lane

          Weighed down by crippling economic slowdown and high interest rates, car sales in 2014 fell below the numbers sold even in the year 2010, highlighting the depression in the Indian car market, once seen as the brightest spot in the global automotive space.

          Going ahead, sales outkook in the New Year looks even worse as car prices have moved up substantially and vehicle financing continues to remain expensive.

          Car sales growth stuck in slow lane - The Times of India

          ^^ Now some RE bulls were posting news about car sales rise in particular month, but as said many times before, to get real picture, we need to compare entire years' sale than few spikes here & there.

          If people aren't buying cars, from where will they buy flats, especially when liability for car is peanuts compared to flat.
          If you are happy, you are successful.

          Comment


          • Re : Builders & Real Estate Bulls Theory Proved Wrong

            Standard Chartered to Axe 4,000 Retail Banking Jobs

            Standard Chartered Bank on Thursday announced the closure of its global equities business and a decision to cut 4,000 jobs in the retail banking business to cut costs and exit non-core and underperforming businesses to improve profitability.

            Following the group’s decision in November to achieve at least $400 million (Rs 2,520 crore) in cost savings in 2015, the company on Thursday said that over the last three months around 2,000 jobs have already been cut and another 2,000 job cuts will follow in 2015, taking the aggregate to 4,000. Industry insiders say that the job cut will also impact Indian employees.

            StanChart to close equities biz, axe 4,000 | The Indian Express

            Standard Chartered to Axe 4,000 Retail Banking Jobs - NDTVProfit.com

            ^^ Financial issues are crippling not just Indian PSU banks but international banks as well. Few months back, a news was posted about high NPAs in India by Stan Chart borrowers.
            If you are happy, you are successful.

            Comment


            • Re : Builders & Real Estate Bulls Theory Proved Wrong

              Funny thing, I have told brokers not to pester me, & how
              I told them, that the brokerage will be with the seller not
              buyer, since its a buyers mkt.

              Comment


              • Re : Builders & Real Estate Bulls Theory Proved Wrong

                Windmeiyer by Vascon bldr in Koregaon Park is quoting 16000 /sqft.
                Completion is next yr. Apt price starts from 6.5 cr.
                For duplex, its 17000/sqft.
                Apart from automated features,open spaces outsideoutside the tower's
                Didn't find any other out standing feature.

                Comment


                • Re : Builders & Real Estate Bulls Theory Proved Wrong

                  Originally posted by herohiralal View Post
                  Correcting ur incorrect/false posts once again. When are u going to stop posting such drivel?

                  It affects the quality of the forum. Finding more engaging and correct data and analysis on other social media avenues. At least for the sake of the forum start posting correct data

                  TCS allays layoff fears: No pink slips for employees - Moneycontrol.com


                  "The company firmly denies reports which had claimed that a substantial number of employees will face the axe as part of a restructuring exercise"
                  This is what it looks like - TCS termination interview...

                  https://soundcloud.com/fiteorg/tcsliesexposed01
                  https://medium.com/@rgokul/i-have-be...e-4b9f5e6f7179

                  Hear, read and then come to your own conclusions of whether companies are firing only under performers or the axe is falling across the board....Not that I am happy, feel really sad when good hard working people are labelled as under performers....

                  Comment


                  • Re : Builders & Real Estate Bulls Theory Proved Wrong

                    Originally posted by anirban8 View Post
                    ^^ Right. Senior members will tell you its very difficult to sell flats at these rates. No one will be able to sell at these rates. On ground flats are getting sold at rates 40% lower than this. You don't have any realistic info and they don't have any work, have all these info.. Enjoy
                    LOL and boy last one was wicked

                    Comment


                    • Re : Builders & Real Estate Bulls Theory Proved Wrong

                      Originally posted by realacres View Post
                      Chinese real estate developer, Kaisa Group Holdings had a healthy balance sheet according to investors and observers alike. It was rated the number one firm residential property sales in Shenzen, its province, in the first half of 2014. It was known for fast, reliable work.

                      But on Thursday, it appears Kaisa became the first Chinese development firm to default on offshore debt, missing a $500 million interest payment on debt to foreign investors.

                      Consider this a slap in the face to investors chasing yield around the world and finding it (or so they think) in emerging market junk bonds.

                      We May Have Just Witnessed Our First Truly Crippling Chinese Real Estate Default | Business Insider India
                      Deja Vu. I thought someone posted 2 years back that Chinese Prop bubble has burst. Boy. Did it again form in the meantime ? When ? How ? In that case it can't be called as bubble. Rather the slump must have been bubble as its occuring in between generally strong market ?
                      Originally posted by realacres View Post
                      Weighed down by crippling economic slowdown and high interest rates, car sales in 2014 fell below the numbers sold even in the year 2010, highlighting the depression in the Indian car market, once seen as the brightest spot in the global automotive space.

                      Going ahead, sales outkook in the New Year looks even worse as car prices have moved up substantially and vehicle financing continues to remain expensive.

                      Car sales growth stuck in slow lane - The Times of India

                      ^^ Now some RE bulls were posting news about car sales rise in particular month, but as said many times before, to get real picture, we need to compare entire years' sale than few spikes here & there.

                      If people aren't buying cars, from where will they buy flats, especially when liability for car is peanuts compared to flat.

                      Again this has happened in 2009 or 2010 period. But we saw rise in prop price rise (massive rise would be more appropriate word) just a year next to it (2011).

                      Comment

                      Tags: None
                      Have any questions or thoughts about this?
                      Working...
                      X