Category: Real Estate
Should you buy a house?
Frankly Indians over build and then we all over buy. If there are more assets than users (forget buyers, that we have enough) it is obvious that rental properties will be available… Currently in the building that we live there are 84 flats available for usage and in the past 6 months about 4 flats […]
Real Estate is booming!
booming real estate in Mumbai. Prices can NEVER EVER crash in RE. Sadly some of the commentators talk about a falling market http://www.dailyo.in/business/real-estate-rbi-ambit-capital-saurabh-mukherjea-sumit-shekhar-assocham-property-prices-nsso-capex/story/1/5047.html
A different take on Real Estate
Many writers including Vivek Kaul have a strong view that the existence of black money is what is pushing up the real estate prices. I have a different take. If the EXCESS SUPPLY of black money is what is holding the RE prices high, is it not the excess of BANKING money that is holding […]
Is your housing cost hurting your retirement?
Have you ever realized that in India when you pay an EMI there is very little towards principal and much more towards interest? When you are say 30 and you go and get a big, big housing loan, let us look at what really happens. You are young, confident, and your wife (and everybody else!!) […]
Mortgage Payments and Credit Ratings
If you are planning to buy a property (with a mortgage) any time soon please check your credit score. A very good strong score will ensure that you get a good rate, and a poor score will mean they will NOT consider your application. At least the top end guys will not consider you. Even […]
Why you MUST buy Real Estate…
I am sure you rubbed your eyes when you saw this heading….that too on Subramoney.com (the world believes that I am a RE hater, so be it). Let me tell you WHO should buy RE, how much, and with how much leverage: Assumptions: You are a 48 year old male with a CTC of […]