US Housing Boom was to circulate More Money in the Economy (GDP) to create a feel good factor about the Invasion of IRAQ.
The Same is being done even in Indian - as usual a couple of years lagging behind USA.
Indian Realty and Infrastructure Industry also will Doom very soon.
All NRIs who bought plots & flats at huge rates have just paid back the Big Bucks they earned over years.
Believe in Life Giving and Life Saving Industries Like Agro, Food, Retail And Pharma Industries. Even BioTech Might not be a good bet, excluding some innovative companies.
