Well it depends on whom you ask….”Is real estate a good investment”? I have met many people who keep saying that RE is the best way to create wealth I have met people who took 5 years to push out a tenant who was not paying rent, but refusing to vacate I have met people […]
Only for people who understand Marathi… listen to it. Poor risk management, poor cash management…hello this is what happens when you think you can handle risk alone. Surely there is a crisis in the RE..hear this..chances are UNLESS there is magic….this is deep trouble…
More than 4000 doctors is what I have addressed in the past few years – that is an awesome number by any stretch of imagination. One thing comes across is their not wearing their scientific cap while managing their investment. Remember doctors are clearly in the upper end of the intelligence and academic pyramid of […]
Ok, I know I am going to get the brickbats, but in the best run economies of the world, RE prices go up at a rate much LESS THAN inflation. In fact in Germany the prices of houses have fallen in REAL TERMS over a 30 year period. Why is it so? It is because […]
I heard about an ex army man who wanted to sell his flat in Navi Mumbai for a price of Rs. 2 crores. This was in 2013. He did make some effort and the best offer that he got was Rs. 1.65 crores. He obviously did not budge. He was staying in Kerala and had […]
Once you make up your mind, you see only data confirming that view. This is called confirmatory bias. So here is a confirmatory bias article that I found on Huffingtonpost. Normally I do not like stuff on H’post…but this is a good article meant for RE lovers I guess. I fully agree with the author […]
Most Indian ‘investors’ believe that Real Estate has no risk. But Subra, even if it falls, we will always own the place, and we can use it. This is one fantastic excuse. ‘Can we live in our shares’ good question. Well some Indians are convinced that if you borrow money at say 10% interest, you […]