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Real estate monster
by
realtymonster on Nov 21, 2011 04:17 PM | Hide replies | Hide message |
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Prices will not fall. But no one will buy property either. All flats will remain vacant for years and will be turned into Ghost towns.
because people can not afford them.
It is foolish to dump your hard earned life long savings into the hands of a greedy land lord/broker/builder.
The real estate has become like an epidemic and breeding greed and worse , social upheaval.
Rice, Dal, Oil and fuel ..prices of all essential commodities are shooting up cos of these greedy real estate monsters.
Even in villages , the prices have shot up so much that farmers, retailers and others do not have an option but to increase prices of RICE, DAL, VEGETABLES etc to earn more to buy houses.
This has become like a cancer in India.
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