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RE:High Rates
by gopalakrishna sagar narayana on Jan 07, 2008 06:23 PM

This won't(fall in prices)happen. Because as you have pointed out this sector is basically investor-driven market. The investor will hold on to the property till he gets his expected appreciation in value. If it is not happening, the owner can let out his flat/house and thus he cab still get a reasonable return on his investment. And you know, there are so many homeless people these days looking for a rented accommodation and one can easily find a tenent.

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Buying a house? Beware of tricks