Even if the prices come down the total cost wont come down due to escalation in input costs. I bought a house for a reasonable price. But the other things like paiting, cup boards cost a fortune. May be it is not wise to invest in house in next few years as the interest rates are also high high and higher.....
RE:The prices will never come down
by Vijay K on Jul 29, 2008 05:25 PM Permalink
Greed Greed everywhere..!!!!! One owning a Maruti 800 wants a Zen.. One owning a Zen wants a SX4.. One owning a SX4 wants a Corolla.. One owning a Corolla wants a Civic.. One owning a Civic wants a Accord.. One owning a Accord wants a Merc.. One owning a Merc wants a BMW.. One owning a BMW wants a Chopper.. One owning a Chopper wants a private jet.. One owning a Private jet wants a personal island..
Greed never Stops..!!! and so a small increase in input costs.. escaltes to a huge increase in the final product.
RE:The prices will never come down
by Krishna Kumar on Jul 30, 2008 09:06 AM Permalink
Vijay, this is not greed, but human aspirations...everyone in the society would like to be a step higher than what they are currently....
RE:The prices will never come down
by albert mendonca on Aug 06, 2008 03:05 AM Permalink
There is a distinction between a need and a greed... that u must realize if you want to be happy....The ones pointed above are from a "greed" perspective.. not from "need". What you sow is what you reap.
RE:The prices will never come down
by Guest on Jul 31, 2008 11:11 AM Permalink
human aspirations!!!..thats too funny..step higher!! stop my stomach hurts.
RE:The prices will never come down
by johnson dsouza on Jul 29, 2008 05:10 PM Permalink
You are among those few lucky people who bought a house when the prices were within the reach of salaries people….but now how can we justify 1 crore rupees for 2BHK flat at Andheri? The same goes above 70 lacs in Borivali/Kandivali!!…..I don’t think that the builders would be able to sustain these prices for longer time….Even some people who had bought properties in Mumbai mostly NRIs are selling their properties as buying properties in western countries have become cheaper than in cities like Mumbai…..Some internal migrants who are using rented flats are relocating to their native places/other cities due to higher cost of living in Mumbai and growing employment opportunities in Tier 2 cities….
