Excuse Mr. Author, Are you saying prices have come down? I beg to differ with you... Only thing that comes into my mind is the panic buying of flat by middle class.. who were caught in the lure of falling floating rate interests..which at this moment is almost doubled.
I would attribute that this high interest rate is a deterrent for many youth.
And the real estate lobby is in fact thriving well and all odds are against the people who moved to flats, without seeing the razor & blad e strategy of Banks.
RE:All bogus claims.........
by Mohandaskarmchand gandhi on Dec 12, 2007 09:49 AM Permalink
I suspect. The auther has some hidden agenda to dispose off his investment. Looks like he is in deep sh1t :-)
RE:All bogus claims.........
by Rahul on Dec 12, 2007 09:51 AM Permalink
No he has an year end target to sell atleast 2 houses by december 31st.......hahahaha
RE:All bogus claims.........
by Umashankar DAS on Dec 12, 2007 09:58 AM Permalink
Prices will still move down further. This is just the beginning i.e. the tip of the iceberg.
