![]() 10 crore homes before, and now we have seen them. So, People think the prices have fallen in India? Well, wait for 2 years and see what happens. It is quite the opposite of the so called BOOM which feeds on the liquidity and goes on gaining strength. Fall in prices leads to more drastic fall because the liquidity disappears. This cycle of fall in prices will always feed on itself and aggravates until it touches bottom. Bottom may be in 2009 or 2010 what with this recession and all. Now after 2 years in US, we are still not even at the bottom. ![]() In 2006, we could see the beginning of fall in US market. Present Indian Real Estate market is at a point, where US was in 2006. What kind of stupid questions r u asking, how can anyone predict if we are at the bottom or not? I wish life was so simple man!Life is not simple, but it is easy to say we are NOT at the bottom.
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