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investment patterns also matters
by Kishor Bhanushalii on Jul 20, 2007 12:16 PM

One of the reasons of East Asian crisis was huge foreign investment in real estate. Real estate prices were going up day by day because of foreign investment which was unrestricted by any government. When real estate market bubble burst whole crisis begins. Some what similar is happening in India too. Both real estate and stock market are going up simultaneously. Government and RBI need to be cautious

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The above message is part of the Discussion Board:
Jalan on Asian crisis & RBI