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Government only after inflation
by vikram Gupta on Jul 14, 2008 01:50 PM
The real inflation number is much higher if you incorporate the rise in housing costs for the middle class.
Saddly our inflation number does not include housing cost , which is the most significant cost in a households monthly budget.
I would like the FM to pressure the Builders to brind down property prices as he has done to steel and cement makers.
Also he would do this only if the "number" included housing cost !!!
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The above message is part of the Discussion Board:
Of tax sops, inflation and home loans
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