Announcement

Collapse
No announcement yet.

Real estate bubble in India - More to go.....

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Real estate bubble in India - More to go.....

    http://economictimes.indiatimes.com/...w/17563822.cms

  • #2
    Re: Real estate bubble in India - More to go.....

    Sounds like they've learned nothing. Paraphrase: "Let's subsidise housing to lower costs for the common man". Umm... no, it has exactly the opposite effect in the long term. Cheaper credit = higher prices.
    Warning: Network Engineer talking economics!

    Comment

    Working...
    X