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EMI problem
by Anurag Shrivastava on Apr 09, 2007 01:21 PM

Get rid of the house that you bought ; quick and fast before the prices come down further. The yield on a house today is less than 3% as rent because there is no "real" shortage of houses as most purchases have been speculative. You would be better off putting cash in bonds/FMPs which give you 10 % interest. Buy property when the prices come down in the next cycle.

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The above message is part of the Discussion Board:
How to deal with rising EMIs