Hereby I will prove how the realty boomers arguments are false.

What are the boomers arguments?

1.) Buy today, houses always increase in value in the long run.
WRONG. House prices cannot increase more than incomes in the long run. This is obvious if you think about it. If house prices go up more than people can afford to pay, buying stops, like it has stopped now.
Even Warren Buffett have pointed out that houses don't increase in intrinsic value. Unless there's a bubble or a crash, house prices simply reflect current salaries and interest rates. If a house is 100 years old, it's value in sheltering you is exactly the same as it was 100 years ago. Then came the maintenance as the house didn't renovate itself. It also has taxes, and insurance - costs that always increase and never go away. The price of the house went up about as much as salaries went up.
To put this is simple perspective, vegetable were costing Rs.5-6/kg when 5 digit salary was a rarity.
Today, the prices have gone up by about 4 times but so have the salaries. So, sounds very much like the reasoning people use now when they talk about how much their father's house appreciated "in the long run" without considering that salaries rose a proportional amount.

2.) Renting is just wastage of money.
WRONG. As said before renting is now much cheaper per month than owning. If you don't rent, you either:

* Have a mortgage, in which case you are throwing away money on interest, tax, insurance, maintenance, costs that increase forever.
* Own outright, in which case you are throwing away the extra income you could get by converting your house to cash, investing in bonds, and renting a similar place to live for much less money. This extra income is sufficient for emergency expenses,retirement etc.

Either way, owners lose much more money every month than renters and that's assuming prices don't correct to very high level & everything is smooth in the economy.

3.) As a renter, you won't have any money left as you will spend them on vacations,cars & hence won't have equity/savings etc.
WRONG. Equity is just money. Renters are actually in a better position to build equity/savings through investing in anything but housing. Renters can get rich much faster than owners, just by investing in conservative stocks & bonds.

* Owners are losing every month by paying much more for interest than they would pay for rent. The tax deduction does not come close to making owing competitive with renting.
* Owners must pay taxes simply to own a house. That is not true of stocks, bonds, or any other asset that can build equity/savings. Only houses are such a guaranteed drain on cash.
* Owners must insure a house, but not most other investments.
* Owners must pay to repair a house, but not a stock or a bond.
* Owners lose their money as house prices reduce. The EMI's remain constant in spite of reduction in rates. At the end of loan tenure, they would have paid almost twice than that of current renters who will buy at logical rates. Keep interest rates in mind. Most of the EMI is not principal amount but interest.

4.) There are great tax advantages to owning a house.
WRONG. Many people believe you can just reduce your income tax by the amount you pay in interest, but they are wrong. Buyers may not deduct interest from income tax; they deduct interest from taxable income. And even then, the tax advantage is not significant compared to the large monthly loss from owning.

If you don't own a house but want to live in one, your choice is to rent a house or rent money to buy a house. To rent money is to take out a loan. A mortgage is a money-rental agreement. House renters take no risk at all, but money-renting owners take on the huge risk of falling house prices, as well as all the costs of repairs, insurance, property taxes, etc.

5.) RE is based on local factors, it's not a national phenomenon. RE of Delhi-NCR,Bangalore & rest of the cities has nothing to do with Pune RE.
WRONG. Lending rates remain the same throughout the country. ALL loans are harder to get. This will drive prices down everywhere.

6.) A rental house provides good income. So, you can rent if you have purchased as investment.
WRONG. Rental houses provide very poor income in hyped areas and certainly cannot cover mortgage payments. Remember there is almost 300% difference between EMIs & rent for the same house.

It's pointless to do the work of being a landlord if you can make more money with no risk, no work, and no state income tax by investing in assured good returns bond.

7.) If owning is a loss in monthly cash flow, but appreciation will make up for it.
WRONG. Appreciation is negative. Prices are going down. It only adds to the injury of already high EMI's.

8.) As soon as prices drop a little, the number of buyers on the sidelines willing to jump back in increases.
WRONG. There are very few buyers left, and those who do want to buy will be limited by increasing difficulty of borrowing now that many house owners are near bankrupt as they don't save anything at the end of the month due to high EMI's.
No one has to buy, but there will be more and more people who have no choice but to sell as their payments rise. That will keep driving prices downward for a long time.

9.) House prices never fall atleast in Pune.
WRONG. If you see the RE scenario of 1996, prices crashed by 50% & took a whole 7+ years to recover.
Exact 1996 scenario may not be there today but strong correction is inevitable across the city.

10.) House prices don't fall to zero like stock prices, so it's safer to invest in real estate.
WRONG. House prices won't be zero, but the equity or the principal amount you paid can be zero or even negative. What you will pay as EMIs later in actual terms is not for the principal amount but only the interest as house prices dip. So, you will be only serving the bank.

11.) Prices will soften gradually, won't crash immediately.
WRONG. Prices are falling off a cliff. No one knows exactly what will happen, but it looks like prices will continue to fall for long time. These are just more manipulation of buyer emotions, to get them to buy even while prices are falling.

12.) The bubble prices were driven by supply and demand alone.
WRONG. Prices were driven by low interest rates and risky loans & good returns for investors in initial phases of boom in 2004-05.
Prices went up, interest rates went up & buyers savings went down. So prices are violating the most basic assumptions about supply and demand.

13.) There is lack of land.
WRONG. Ample of land is available & continue to be even in future in Pune. Sales volume are down. Even in Japan (small country with less land), prices went down. Current prices here are the same as that of 23 years ago. If we really had a housing shortage, there would not be so many vacant rentals.

14.) If you don't own, you'll live in a cheap neighborhood later.
WRONG. For the any given monthly payment, you can rent a much better house than you can buy. Renters live better, not worse. There are downsides to renting, such as being told to move at the end of your lease, or having your rent raised, but since there are thousands of vacant rentals, you can take your pick and be quite happy renting during the crash. There are similar but worse problems for owners anyway, such as being fired and losing your house, or having your interest rate and property taxes adjust upward. Remember, property taxes are forever.

15.) There's always someone predicting a real estate crash.
TRUE, yet irrelevant. There are very real crashes every decade or so. Even a broken clock is right twice a day.

16.) Local incomes justify the high prices.
WRONG. The mortgage should be more than your 3 years earning. It is much higher today. Most are already in danger/red zone.

17.) You have to live somewhere.
CORRECT. But that doesn't mean you should waste your life savings on a bad investment. You can live in a better house for much less money by renting during the down slide in RE.

18.) It's not a house, it's a home.
WRONG. Wherever one lives in it is home, be it apartment, condo, bungalow , mansion or house. Calling a house a "home" is a manipulation of your emotions for profit.

19.) If you don't buy now, you'll never get another chance.
WRONG. History proves otherwise.
Here's a beautiful quote from a analyst:-
"The real issue isn't whether you will be stuck being a renter all your life, she says. Its whether you'll get so scared about being shut out that you'll buy at the market's peak and be stuck in a property you can't afford or sell."

20.) It would take major economic recession or a major earthquake that wipes out this area in order for the price to fall by over 50%.
WRONG. Even today, if the prices fall by 50%, there will still be very few people who can buy at this levels due to uncertainty in jobs & most importantly high EMIs. Also, look at the rental rates for equivalent houses. Which loss per month is larger? EMI or rent?

contd....
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  • how can one select a smaler town?

    Hi sanjana,

    are u retiring? what are you going to do to earn a living after settling down in smaller towns/ hill stations? I believe your husband will also be shifting with you. what about his job?

    Or is it that you guys have saved enough for the rest of your lives? what about kids education?

    am sorry to ask personal questions, but this is an argument that I go through every weekend at my home. It will help to know how you can decide to change your lifestyle so much?
    CommentQuote
  • Originally Posted by rembrants
    Hi sanjana,

    are u retiring? what are you going to do to earn a living after settling down in smaller towns/ hill stations? I believe your husband will also be shifting with you. what about his job?

    Or is it that you guys have saved enough for the rest of your lives? what about kids education?

    am sorry to ask personal questions, but this is an argument that I go through every weekend at my home. It will help to know how you can decide to change your lifestyle so much?



    There is no job as such in these small towns if you want to stay permanantly. Off course using internet one can do something.
    But then novelty of living in small towns wears off in most of the cases in couple of months only.
    better to lease/rent a house in a small hilly town for 6 months and live there ...if you can sustain 2 months then look around ,you may find some very good deal.not many transactions there.
    CommentQuote
  • I too agree with the fact that building on own is better than buying a flat & for this one need not go to remote place. Eg. In Balewadi, land sells between 1000-1500/sq ft, flats are priced 3500 or more on SALABLE AREA.
    Hence, the rate/sq ft actually is less if one builds on own than buy a flat. I too looked for plots but at the end couldn't buy one coz around 50% was needed in cash.

    Add to it that most of the Pune builders build pigeon holes with junk quality where compound wall, balcony, pergola etc. fall within few years/months, it makes me think for what people are mortgaging large part of their lives for ?

    Seeing the pathetic condition of even new buildings here, I doubt whether the buildings will even last till the end of loan tenure.

    The latest eg. is Orvi (ex-Oravi) at Balewadi. The ready possession building already has several cracks visible from outside which are being filled. Imagine situation of such buildings 5 years down the line.

    Btw, Sanjana, I don't know what your experience with Puneties are but let me tell you that Pune is far more safer than Delhi by all means. Maybe you made your decision of Puneties based on some RE agent or builder :D.

    Anyways, our Mumbai beats Delhi hands down though. :)
    CommentQuote
  • Originally Posted by realacres
    Btw, Sanjana, I don't know what your experience with Puneties are but let me tell you that Pune is far more safer than Delhi by all means. Maybe you made your decision of Puneties based on some RE agent or builder :D.

    Anyways, our Mumbai beats Delhi hands down though. :)


    Real,

    Pune may be safer than Delhi, but there is a world of difference between Puneites and simple, friendly, helpful, nature-loving folks from our north-eastern pahari regions. If one has visited these regions, the difference is immediately noticeable; if one has stayed for any length of time in these regions, the difference is so glaring as to be painful.

    I'm just a small-town girl who went to live in UK after marriage, got a good job because of my MBA degree. But in time I understood that however technologically advanced, clean, sophisticated & efficient the West might seem, it is only a VENEER. Scratch that veneer, and the true nature of those people and culture is revealed.

    I love the region which I hail from, its crystal-clear air, the miles of forests, its mist-wrapped mountains. I prefer a down-to-earth life, with a neat house and garden where I can grow my own fruit & vegetables and live in harmony with nature. I also like a community of people with similar thinking and not the robots that populate large cities.

    I know where I can rediscover life anew and that's where I'm going.

    How much money does one really require ? How much land does one need ? How many houses ? What does one define as comforts / luxuries ? If you find the answers to these questions and those answers satisfy you, you have found that elusive creature called HAPPINESS.

    At some point, I think, it is time to stop being a money-making machine and start LIVING -- as opposed to just EXISTING.

    Amit & Venky said that these places are too far off to live. But far from what ? If I can get everything I need there, they're not far off. I'm just returning to the place I belong and love, where I've known peace & joy.

    In fact, if I stay in a big city where ostensibly each and every MATERIAL thing is available, I would still feel a yearning for something unknown. I would feel cut-off despite being surrounded by hordes of blank-faced people.

    Sorry if this post has gone off-topic. I hope some questions that Rembrants asked have been answered in this rant.

    And Real, our Mukteshwar beats your Mumbai hands down. Its not just about the money, honey ....:D and that's where I'm going.

    How much money does one really require ? How much land does one need ? How many houses ? What does one define as comforts / luxuries ? If you find the answers to these questions and those answers satisfy you, you have found that elusive creature called HAPPINESS.

    At some point, I think, it is time to stop being a money-making machine and start LIVING -- as opposed to just EXISTING.

    Amit & Venky said that these places are too far off to live. But far from what ? If I can get everything I need there, they're not far off. I'm just returning to the place I belong and love, where I've known peace & joy.

    In fact, if I stay in a big city where ostensibly each and every MATERIAL thing is available, I would still feel a yearning for something unknown. I would feel cut-off despite being surrounded by hordes of blank-faced people.

    Sorry if this post has gone off-topic. I hope some questions that Rembrants asked have been answered in this rant.

    And Real, our Mukteshwar beats your Mumbai hands down. Its not just about the money, honey ....:D
    CommentQuote
  • PUNE is WASTE

    Pune prices are way out of reach of common people. Post 1990 the city has gone in hands of political goons. There is a builder politico nexus prevalent in the city. Why are rates so high? Is there any justification to it. Please consider the following points
    -Narrow lanes, referred to as galli
    -Senseless traffic. People are known to voilate the traffic rules. I guess it ranks world no. 1 in case of traffic voilation
    -Heavy air and water pollution. I cannot recollect but stands among first 5 or 10 cities in terms of pollution
    -There is hardly any green cover. One tends to see just dotted lines of cement concrete buidlings even along the Dehu Katraj bypass. Even Dadar Market has more greenery.
    -People are unprofessional with some sort of superlative complex for no good reason. These people will talk about american nuclear programme strategy when he himself is working in rat killing department of PMC
    -No Scope for business. Only set people can do business chitale, gadgil, pawar, kakade and company
    -Pathetic shop owners. Who open a shop to torture the customers. The worst kind of manners one can expect
    -Irrant Rickshawalas
    -Public transport is virtually absent
    -Poor security in place. This is again due to some politico party
    -In due corse it will face acute water shortage due to lavasa and if we have a bad monsoon. There is no calculation about the future electricity/water requirement etc. Any guntha mantri comes up with a plot and erects a structure here. Even with illegal permission which are later regularized. Thanks to saheb.
    -Garbage disposal facilities is a problem in this city
    -Very high crime rate in terms of looting, dacoity, rape, murders etc
    -No good returns in terms of rental either
    -River is a dirty kind of nullah now. Thanks to politicos. I feel sad for the plight of this beloved city. Which has been purposefully turned into a big slum. This is again due to political reasons which I would not like to post it on the forum.
    Everyone is coming up with their own good rates people are talking in terms of crores.
    Comparitively Mumbai is 1000 times better to live in rather than pune since the ROI will be much better compared to Pune. Those who really have the big buck invest in mumbai. It kind of you will have a life long pension. One can live on the rentals.
    CommentQuote
  • Originally Posted by realacres
    I too agree with the fact that building on own is better than buying a flat & for this one need not go to remote place. Eg. In Balewadi, land sells between 1000-1500/sq ft, flats are priced 3500 or more on SALABLE AREA.
    Hence, the rate/sq ft actually is less if one builds on own than buy a flat. I too looked for plots but at the end couldn't buy one coz around 50% was needed in cash.

    Add to it that most of the Pune builders build pigeon holes with junk quality where compound wall, balcony, pergola etc. fall within few years/months, it makes me think for what people are mortgaging large part of their lives for ?

    Seeing the pathetic condition of even new buildings here, I doubt whether the buildings will even last till the end of loan tenure.

    The latest eg. is Orvi (ex-Oravi) at Balewadi. The ready possession building already has several cracks visible from outside which are being filled. Imagine situation of such buildings 5 years down the line.

    Btw, Sanjana, I don't know what your experience with Puneties are but let me tell you that Pune is far more safer than Delhi by all means. Maybe you made your decision of Puneties based on some RE agent or builder :D.

    Anyways, our Mumbai beats Delhi hands down though. :)



    aisa uske city me kya hai jo mere city me nahi
    CommentQuote
  • Originally Posted by SanjanaSingh
    Real,

    Pune may be safer than Delhi, but there is a world of difference between Puneites and simple, friendly, helpful, nature-loving folks from our north-eastern pahari regions. If one has visited these regions, the difference is immediately noticeable; if one has stayed for any length of time in these regions, the difference is so glaring as to be painful.

    I'm just a small-town girl who went to live in UK after marriage, got a good job because of my MBA degree. But in time I understood that however technologically advanced, clean, sophisticated & efficient the West might seem, it is only a VENEER. Scratch that veneer, and the true nature of those people and culture is revealed.

    I love the region which I hail from, its crystal-clear air, the miles of forests, its mist-wrapped mountains. I prefer a down-to-earth life, with a neat house and garden where I can grow my own fruit & vegetables and live in harmony with nature. I also like a community of people with similar thinking and not the robots that populate large cities.

    I know where I can rediscover life anew and that's where I'm going.

    How much money does one really require ? How much land does one need ? How many houses ? What does one define as comforts / luxuries ? If you find the answers to these questions and those answers satisfy you, you have found that elusive creature called HAPPINESS.

    At some point, I think, it is time to stop being a money-making machine and start LIVING -- as opposed to just EXISTING.

    Amit & Venky said that these places are too far off to live. But far from what ? If I can get everything I need there, they're not far off. I'm just returning to the place I belong and love, where I've known peace & joy.

    In fact, if I stay in a big city where ostensibly each and every MATERIAL thing is available, I would still feel a yearning for something unknown. I would feel cut-off despite being surrounded by hordes of blank-faced people.

    Sorry if this post has gone off-topic. I hope some questions that Rembrants asked have been answered in this rant.

    And Real, our Mukteshwar beats your Mumbai hands down. Its not just about the money, honey ....:D


    Sanjana, where do you find innocent people of "pahari region" out of himachal:bab (45):? I have been to HP (Kulu manali) and i loved the innocence among common folks however how long have u been in pune? have u been in pune forever till now?

    human life is too short to pass generalized remarks request you not to start bashing of pune people because then if determined you can end up finding faults in every society


    Sanjana, where do you find innocent people of "pahari region" out of himachal:bab (45):? I have been to HP (Kulu manali) and i loved the innocence among common folks however how long have u been in pune? have u been in pune forever till now?

    human life is too short to pass generalized remarks request you not to start bashing of pune people because then if determined you can end up finding faults in every society


    Sanjana, where do you find innocent people of "pahari region" out of himachal:bab (45):? I have been to HP (Kulu manali) and i loved the innocence among common folks however how long have u been in pune? have u been in pune forever till now?

    human life is too short to pass generalized remarks request you not to start bashing of pune people because then if determined you can end up finding faults in every society


    Sanjana, where do you find innocent people of "pahari region" out of himachal:bab (45):? I have been to HP (Kulu manali) and i loved the innocence among common folks however how long have u been in pune? have u been in pune forever till now?

    human life is too short to pass generalized remarks request you not to start bashing of pune people because then if determined you can end up finding faults in every society
    CommentQuote
  • Originally Posted by SanjanaSingh
    Real,

    Pune may be safer than Delhi, but there is a world of difference between Puneites and simple, friendly, helpful, nature-loving folks from our north-eastern pahari regions. If one has visited these regions, the difference is immediately noticeable; if one has stayed for any length of time in these regions, the difference is so glaring as to be painful.

    I'm just a small-town girl who went to live in UK after marriage, got a good job because of my MBA degree. But in time I understood that however technologically advanced, clean, sophisticated & efficient the West might seem, it is only a VENEER. Scratch that veneer, and the true nature of those people and culture is revealed.

    I love the region which I hail from, its crystal-clear air, the miles of forests, its mist-wrapped mountains. I prefer a down-to-earth life, with a neat house and garden where I can grow my own fruit & vegetables and live in harmony with nature. I also like a community of people with similar thinking and not the robots that populate large cities.

    I know where I can rediscover life anew and that's where I'm going.

    How much money does one really require ? How much land does one need ? How many houses ? What does one define as comforts / luxuries ? If you find the answers to these questions and those answers satisfy you, you have found that elusive creature called HAPPINESS.

    At some point, I think, it is time to stop being a money-making machine and start LIVING -- as opposed to just EXISTING.

    Amit & Venky said that these places are too far off to live. But far from what ? If I can get everything I need there, they're not far off. I'm just returning to the place I belong and love, where I've known peace & joy.

    In fact, if I stay in a big city where ostensibly each and every MATERIAL thing is available, I would still feel a yearning for something unknown. I would feel cut-off despite being surrounded by hordes of blank-faced people.

    Sorry if this post has gone off-topic. I hope some questions that Rembrants asked have been answered in this rant.

    And Real, our Mukteshwar beats your Mumbai hands down. Its not just about the money, honey ....:D

    Very nice post sanjana.

    I agree with that completely.

    Though u r lucky that u will be able to to settle there in the hills.

    Many people can't do that as they are tied up with family, work, studies etc and continue toiling and sweating it out in the concrete jungle :(

    Very nice post sanjana.

    I agree with that completely.

    Though u r lucky that u will be able to to settle there in the hills.

    Many people can't do that as they are tied up with family, work, studies etc and continue toiling and sweating it out in the concrete jungle :(

    Very nice post sanjana.

    I agree with that completely.

    Though u r lucky that u will be able to to settle there in the hills.

    Many people can't do that as they are tied up with family, work, studies etc and continue toiling and sweating it out in the concrete jungle :(

    Very nice post sanjana.

    I agree with that completely.

    Though u r lucky that u will be able to to settle there in the hills.

    Many people can't do that as they are tied up with family, work, studies etc and continue toiling and sweating it out in the concrete jungle :(
    CommentQuote
  • Originally Posted by SanjanaSingh
    Real,

    Pune may be safer than Delhi, but there is a world of difference between Puneites and simple, friendly, helpful, nature-loving folks from our north-eastern pahari regions. If one has visited these regions, the difference is immediately noticeable; if one has stayed for any length of time in these regions, the difference is so glaring as to be painful.

    I'm just a small-town girl who went to live in UK after marriage, got a good job because of my MBA degree. But in time I understood that however technologically advanced, clean, sophisticated & efficient the West might seem, it is only a VENEER. Scratch that veneer, and the true nature of those people and culture is revealed.

    I love the region which I hail from, its crystal-clear air, the miles of forests, its mist-wrapped mountains. I prefer a down-to-earth life, with a neat house and garden where I can grow my own fruit & vegetables and live in harmony with nature. I also like a community of people with similar thinking and not the robots that populate large cities.

    I know where I can rediscover life anew and that's where I'm going.

    How much money does one really require ? How much land does one need ? How many houses ? What does one define as comforts / luxuries ? If you find the answers to these questions and those answers satisfy you, you have found that elusive creature called HAPPINESS.

    At some point, I think, it is time to stop being a money-making machine and start LIVING -- as opposed to just EXISTING.

    Amit & Venky said that these places are too far off to live. But far from what ? If I can get everything I need there, they're not far off. I'm just returning to the place I belong and love, where I've known peace & joy.

    In fact, if I stay in a big city where ostensibly each and every MATERIAL thing is available, I would still feel a yearning for something unknown. I would feel cut-off despite being surrounded by hordes of blank-faced people.

    Sorry if this post has gone off-topic. I hope some questions that Rembrants asked have been answered in this rant.

    And Real, our Mukteshwar beats your Mumbai hands down. Its not just about the money, honey ....:D

    I agree with your thoughts regarding attitude towards life.

    However, I don't believe that human from particular areas or countries or states are better than others. I think, on majority, human is same everywhere, it is the surroundings which make human mind to think and behave differently. I see bad and good people everywhere, in every field and in every country.

    I agree with your thoughts regarding attitude towards life.

    However, I don't believe that human from particular areas or countries or states are better than others. I think, on majority, human is same everywhere, it is the surroundings which make human mind to think and behave differently. I see bad and good people everywhere, in every field and in every country.

    I agree with your thoughts regarding attitude towards life.

    However, I don't believe that human from particular areas or countries or states are better than others. I think, on majority, human is same everywhere, it is the surroundings which make human mind to think and behave differently. I see bad and good people everywhere, in every field and in every country.

    I agree with your thoughts regarding attitude towards life.

    However, I don't believe that human from particular areas or countries or states are better than others. I think, on majority, human is same everywhere, it is the surroundings which make human mind to think and behave differently. I see bad and good people everywhere, in every field and in every country.
    CommentQuote
  • Originally Posted by SanjanaSingh
    Real,

    Pune may be safer than Delhi, but there is a world of difference between Puneites and simple, friendly, helpful, nature-loving folks from our north-eastern pahari regions. If one has visited these regions, the difference is immediately noticeable; if one has stayed for any length of time in these regions, the difference is so glaring as to be painful.

    I'm just a small-town girl who went to live in UK after marriage, got a good job because of my MBA degree. But in time I understood that however technologically advanced, clean, sophisticated & efficient the West might seem, it is only a VENEER. Scratch that veneer, and the true nature of those people and culture is revealed.

    I love the region which I hail from, its crystal-clear air, the miles of forests, its mist-wrapped mountains. I prefer a down-to-earth life, with a neat house and garden where I can grow my own fruit & vegetables and live in harmony with nature. I also like a community of people with similar thinking and not the robots that populate large cities.

    I know where I can rediscover life anew and that's where I'm going.


    And Real, our Mukteshwar beats your Mumbai hands down. Its not just about the money, honey ....:D

    well..You shall get to rediscover life anew if you come back...I doubt you would be able to pickup from where you left anywhere in India and India would probably never be whatever paradise you lost back then..

    I have sincere wishes that you rediscover what you long for !

    when I retire I want to go to a small town somewhere in Maharashtra and build a small home where I want to have small garden and some cows. The air is mostly choked with dust and it is hot in the day and mild in the nights and I would not mind living in the same environment that I grew up in..

    well..You shall get to rediscover life anew if you come back...I doubt you would be able to pickup from where you left anywhere in India and India would probably never be whatever paradise you lost back then..

    I have sincere wishes that you rediscover what you long for !

    when I retire I want to go to a small town somewhere in Maharashtra and build a small home where I want to have small garden and some cows. The air is mostly choked with dust and it is hot in the day and mild in the nights and I would not mind living in the same environment that I grew up in..

    well..You shall get to rediscover life anew if you come back...I doubt you would be able to pickup from where you left anywhere in India and India would probably never be whatever paradise you lost back then..

    I have sincere wishes that you rediscover what you long for !

    when I retire I want to go to a small town somewhere in Maharashtra and build a small home where I want to have small garden and some cows. The air is mostly choked with dust and it is hot in the day and mild in the nights and I would not mind living in the same environment that I grew up in..

    well..You shall get to rediscover life anew if you come back...I doubt you would be able to pickup from where you left anywhere in India and India would probably never be whatever paradise you lost back then..

    I have sincere wishes that you rediscover what you long for !

    when I retire I want to go to a small town somewhere in Maharashtra and build a small home where I want to have small garden and some cows. The air is mostly choked with dust and it is hot in the day and mild in the nights and I would not mind living in the same environment that I grew up in..
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  • Originally Posted by SanjanaSingh
    Real,

    Pune may be safer than Delhi, but there is a world of difference between Puneites and simple, friendly, helpful, nature-loving folks from our north-eastern pahari regions. If one has visited these regions, the difference is immediately noticeable; if one has stayed for any length of time in these regions, the difference is so glaring as to be painful.

    I'm just a small-town girl who went to live in UK after marriage, got a good job because of my MBA degree. But in time I understood that however technologically advanced, clean, sophisticated & efficient the West might seem, it is only a VENEER. Scratch that veneer, and the true nature of those people and culture is revealed.

    I love the region which I hail from, its crystal-clear air, the miles of forests, its mist-wrapped mountains. I prefer a down-to-earth life, with a neat house and garden where I can grow my own fruit & vegetables and live in harmony with nature. I also like a community of people with similar thinking and not the robots that populate large cities.

    I know where I can rediscover life anew and that's where I'm going.

    How much money does one really require ? How much land does one need ? How many houses ? What does one define as comforts / luxuries ? If you find the answers to these questions and those answers satisfy you, you have found that elusive creature called HAPPINESS.

    At some point, I think, it is time to stop being a money-making machine and start LIVING -- as opposed to just EXISTING.

    Amit & Venky said that these places are too far off to live. But far from what ? If I can get everything I need there, they're not far off. I'm just returning to the place I belong and love, where I've known peace & joy.

    In fact, if I stay in a big city where ostensibly each and every MATERIAL thing is available, I would still feel a yearning for something unknown. I would feel cut-off despite being surrounded by hordes of blank-faced people.

    Sorry if this post has gone off-topic. I hope some questions that Rembrants asked have been answered in this rant.

    And Real, our Mukteshwar beats your Mumbai hands down. Its not just about the money, honey ....:D

    "Simple friendly" ? may be for localites, When i visited your paradise, there was no shortage of people trying to con visitors.

    "Simple friendly" ? may be for localites, When i visited your paradise, there was no shortage of people trying to con visitors.

    "Simple friendly" ? may be for localites, When i visited your paradise, there was no shortage of people trying to con visitors.

    "Simple friendly" ? may be for localites, When i visited your paradise, there was no shortage of people trying to con visitors.
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  • Sanjana/(King?)manish/YogiJuly(posting in Feb)......You guys have no idea how big favor you guys are doing by criticizing Pune and Punekars on this forum....In fact I think we should start a new thread "I Hate Pune" and publicize it in FB/twitter to gather more and more hatred towards Pune.....At least it will stop the herds coming to this 'once upon a time' beautiful city....It just wont survive with this huge influx of crowd against Non-existent infra...And soon we will have MPM (Mumbai-Pune Metropolitan like NCR)....it just wont do people....so please dont be shy to pour more praise....

    Talking about infra...I remember when I was in HongKong....I saw road being dug up in the night...next morning I was walking on the same street...and to my shock I couldnt even remember which part was dug up...funny thing....we can relate to this story though...just replace the road with potholes.....
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  • This is what is maintaining RE prices and Stock Prices.





    RBI is pumping money very fast into indian economy and this thing is holding up RE and stock prices.
    India is preparing itself for a Greece style debacle if we do not return soon to high growth mode.
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  • Originally Posted by rohandm
    "Simple friendly" ? may be for localites, When i visited your paradise, there was no shortage of people trying to con visitors.


    +1000
    Or maybe those were nasty people from Pune and other assorted big cities trying to con you even in pristine wilderness of the Uttaranchal..The paradise is now invaded by pests..
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  • Thoughts

    Originally Posted by SanjanaSingh
    Real,

    I'm just a small-town girl who went to live in UK after marriage, got a good job because of my MBA degree. But in time I understood that however technologically advanced, clean, sophisticated & efficient the West might seem, it is only a VENEER. Scratch that veneer, and the true nature of those people and culture is revealed.

    Well, I never liked UK for the simple reason that the British still feel they live in Queen's British Empire of 19th Century :D. I know a British chap who keeps saying, British, British everywhere.....he will come on time, say we British are punctual, show something done by British researcher & say, Britishers are leaders in science :D & so on. Once, my colleague was with this chap in London & he crossed the road where there was less traffic & jumped over from a small divider (Indian way to cross road) & this British chap crossed the road from zebra crossing & started singing the British, British tune. 3 days later they went to Belgium where this British chap crossed the road the Indian way (effect of Indians nearby) :D & my friend poked him what about British, British...he then made funny faces !! Similarly, no point in criticizing entire Puneties based on some experiences with few.

    Fact is there are hypocrites everywhere & the west can never become what we are coz fortunately the family system is still strong in India...maybe Italy is an exception in west.

    But why not incorporate good things from them & retain our set of values ?? It will be such a lethal combo.

    Lady, no matter how beautiful a car is, you still feel there is scope of improvement, even if car is Merc or Rolls Royce.

    I love the region which I hail from, its crystal-clear air, the miles of forests, its mist-wrapped mountains. I prefer a down-to-earth life, with a neat house and garden where I can grow my own fruit & vegetables and live in harmony with nature. I also like a community of people with similar thinking and not the robots that populate large cities.

    When I go to Nagpur, I too feel the same....the weather is different but air is far better than Pune. Population is less, less traffic.....slows down the speed of time. Beautiful city. But living in village or town looks good but after a week, you become city-sick.

    I know where I can rediscover life anew and that's where I'm going.
    Wish you all the best to find what you want. Hey, this reminds me of Tata Safari ad, " Reclaim Your Life ", loved this ad.

    How much money does one really require ? How much land does one need ? How many houses ? What does one define as comforts / luxuries ? If you find the answers to these questions and those answers satisfy you, you have found that elusive creature called HAPPINESS.

    Deviji, aapko is naachij ka pranaam !! Felt I was seeing Sanskar, Aastha channel !!

    What you said is true, but sad part is people never try to be happy from within but from outside :o.

    At some point, I think, it is time to stop being a money-making machine and start LIVING -- as opposed to just EXISTING.

    +1. These are called ATM, All Time Money chaps.
    I too feel like taking sanyas & relocate to himalayas. It will be though easy for you to locate me coz you will find Tata Sky dish on my cave :D.

    In fact, if I stay in a big city where ostensibly each and every MATERIAL thing is available, I would still feel a yearning for something unknown. I would feel cut-off despite being surrounded by hordes of blank-faced people.

    Point taken.

    And Real, our Mukteshwar beats your Mumbai hands down. Its not just about the money, honey ....

    Never been to Mukteshwar (won't get mukti right now, I am paapi chap)..... but I do appreciate your views.

    Sanjana,

    What I see from your posts is you have already experienced materialistic pleasures & aren't interested in acquiring more of it coz you are looking at perpetual source of happiness, which is from within.....seen people who own multiple BMWs & are still miserable. Seems you are on path in search of real happiness & I hope you find it soon. I would have loved to share the story of my friend, who is a son of a MP....had everything at his disposal but wasn't happy, now he found TRUE HAPPINESS & is not even interested in continuing the legacy of his political family.

    But all in all, I appreciate your views towards life.:)

    ** PS:- Some may think this is off-topic & one way it is but then this is the real source of core issues faced by builder & buyer - Greed, Lust for money & peer pressure.
    Never been to Mukteshwar (won't get mukti right now, I am paapi chap)..... but I do appreciate your views.

    Sanjana,

    What I see from your posts is you have already experienced materialistic pleasures & aren't interested in acquiring more of it coz you are looking at perpetual source of happiness, which is from within.....seen people who own multiple BMWs & are still miserable. Seems you are on path in search of real happiness & I hope you find it soon. I would have loved to share the story of my friend, who is a son of a MP....had everything at his disposal but wasn't happy, now he found TRUE HAPPINESS & is not even interested in continuing the legacy of his political family.

    But all in all, I appreciate your views towards life.:)

    ** PS:- Some may think this is off-topic & one way it is but then this is the real source of core issues faced by builder & buyer - Greed, Lust for money & peer pressure.
    Never been to Mukteshwar (won't get mukti right now, I am paapi chap)..... but I do appreciate your views.

    Sanjana,

    What I see from your posts is you have already experienced materialistic pleasures & aren't interested in acquiring more of it coz you are looking at perpetual source of happiness, which is from within.....seen people who own multiple BMWs & are still miserable. Seems you are on path in search of real happiness & I hope you find it soon. I would have loved to share the story of my friend, who is a son of a MP....had everything at his disposal but wasn't happy, now he found TRUE HAPPINESS & is not even interested in continuing the legacy of his political family.

    But all in all, I appreciate your views towards life.:)

    ** PS:- Some may think this is off-topic & one way it is but then this is the real source of core issues faced by builder & buyer - Greed, Lust for money & peer pressure.
    Never been to Mukteshwar (won't get mukti right now, I am paapi chap)..... but I do appreciate your views.

    Sanjana,

    What I see from your posts is you have already experienced materialistic pleasures & aren't interested in acquiring more of it coz you are looking at perpetual source of happiness, which is from within.....seen people who own multiple BMWs & are still miserable. Seems you are on path in search of real happiness & I hope you find it soon. I would have loved to share the story of my friend, who is a son of a MP....had everything at his disposal but wasn't happy, now he found TRUE HAPPINESS & is not even interested in continuing the legacy of his political family.

    But all in all, I appreciate your views towards life.:)

    ** PS:- Some may think this is off-topic & one way it is but then this is the real source of core issues faced by builder & buyer - Greed, Lust for money & peer pressure.
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