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RE:Any news on real estate rates
by Secular India on Mar 17, 2008 06:00 PM

And LIMITED buyer also - you dodo . The real estate market is fueled by speculation and not demand. Real estate is even more overvalued than stocks. Its not that house owners are all living slums and moving to new houses. It is people who are already staying ( if not owning ) who are buying the EXCESS HOUSES that are getting built at inflated rates. The real estate will correct back to 2005 levels soon.

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